OMX breakout watch

Discussion in 'Stocks' started by Stocks4life, Feb 5, 2013.

  1. once again trying for a breakout volume has been good intraday

    BREAKOUT WATCH for possible breakout above 11.34, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 12.88, 17.2% Stop: 10.48, Loss: 4.6%, Profit/Loss ratio: 3.7 : 1 - Excellent

    CURRENT PRICE 10.99, at resistance, 11.01 ± 0.33, type double, strength 5

    RESISTANCE ABOVE None.

    Chart

    [​IMG]

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