RVBD breakout watch and possible gapper

Discussion in 'Stocks' started by Stocks4life, Jul 24, 2013.

  1. good looking chart with possible breakout into the price gap area

    BREAKOUT WATCH for possible breakout above 17.38, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 18.63, 9% Stop: 16.73, Loss: 2.1%, Profit/Loss ratio: 4.3 : 1 - Excellent

    CURRENT PRICE 17.09, at resistance, 17.1 ± 0.29, type single, strength 2
    RESISTANCE ABOVE +11.4% at 19.03 ± 0.32, type single, strength 5
    +14% at 19.49 ± 0.33, type double, strength 4

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=RVBD
     
  2. slowly moving higher