NOK and HERO

Discussion in 'Stocks' started by Stocks4life, Dec 17, 2012.

  1. NOK and HERO

    similar looking charts, both confirmed bull flag breakouts

    NOK:

    BREAKOUT CONFIRMED breakout above 3.95, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 4.51, 12.5% Stop: 3.81, Loss: 5%, Profit/Loss ratio: 2.5 : 1 - Good

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    HERO:

    BREAKOUT CONFIRMED breakout above 5.29, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 5.81, 9.6% Stop: 5.1, Loss: 3.8%, Profit/Loss ratio: 2.5 : 1 - Good

    [​IMG]
     
  2. good follow through on NOK and HERO breakouts so far

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