ROVI confirmed breakout

Discussion in 'Stocks' started by Stocks4life, Apr 16, 2013.

  1. confirmed breakout but could use a little more volume

    BREAKOUT CONFIRMED breakout above 21.78, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 24.25, 10.8% Stop: 20.99, Loss: 4.1%, Profit/Loss ratio: 2.6 : 1 - Good

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=ROVI
     
  2. TenCent

    TenCent

  3. It may fight through it, wait and see if regains high it will be stronger.
     
  4. slow and steady move, not your typical breakout