RATE breakout watch, gap fill

Discussion in 'Stocks' started by Stocks4life, Dec 11, 2012.

  1. heres another was beaten down with a downgrade but fought back now near nearing a big gap fill breakout.

    BREAKOUT WATCH for possible breakout above 12.08, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 13.42, 12.2% Stop: 11.53, Loss: 3.6%, Profit/Loss ratio: 3.4 : 1 - Excellent

    CURRENT PRICE 11.96, at resistance, 11.78 ± 0.29, type single, strength 3

    RESISTANCE ABOVE +32.8% at 15.88 ± 0.4, type double, strength 7
    +41.7% at 16.95 ± 0.42, type triple+, strength 10

    [​IMG]
     
  2. RATE continues higher into the gap