LVLT breakout watch

Discussion in 'Stocks' started by Stocks4life, Feb 11, 2013.

  1. ascending triangle breakout from strong resistance

    BREAKOUT WATCH for possible breakout above 25.05, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 27.18, 10.6% Stop: 24.04, Loss: 2.2%, Profit/Loss ratio: 4.8 : 1 - Excellent

    CURRENT PRICE 24.57, at resistance, 24.6 ± 0.44, type double, strength 8

    RESISTANCE ABOVE None.

    Chart

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=LVLT