OMX confirmed breakout

Discussion in 'Stocks' started by Stocks4life, Jan 15, 2013.

  1. two month breakout above the 10 area

    BREAKOUT CONFIRMED breakout above 10.34, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 11.78, 11.2% Stop: 10.01, Loss: 5.5%, Profit/Loss ratio: 2 : 1 - Fair

    CURRENT PRICE 10.59, just above resistance, 10.04 ± 0.3, type triple, strength 9

    RESISTANCE ABOVE None.

    SUPPORT BELOW -5.2% at 10.04 ± 0.3, type triple, strength 9
    -11.9% at 9.33 ± 0.28, type single, strength 8
    -22.8% at 8.18 ± 0.25, type double, strength 10

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=OMX
     
  2. good follow through today on OMX
     
  3. what ever happened to your pick on APOL !

    LOL
     
  4. did not quite enter the gap or did a little and then reversed. Can not get them all correct. lol
     
  5. Mysteron

    Mysteron

    Stocks4life, do you manage to make any profit following your own predictions?

    And BTW I note you deleted one of your threads in which I posted some better stocks to trade, can't remember what the stock was that you were posting about but I'm curious why you deleted the thread? Bit sensitive are you? :cool:
     
  6. I post my favorite setups time permitting (plus I don't want to clog up the forum), but it's up to anyone trading to do their own DD. The trade needs to fit your style.

    The moderator deleted that thread I didn't know at the time but I violated the penny stock rule for this forum. Stock needs to be above $5 or > 1 million shares. That stock was around $3.