SRPT confirmed breakout

Discussion in 'Stocks' started by Stocks4life, Mar 14, 2013.

  1. making a breakout run on good volume after a 4 month base

    BREAKOUT CONFIRMED breakout above 31.85, no resistance in area just above.
    Type: True breakout from triple+ resistance.
    Target: 39.48, 19.8% Stop: 30.41, Loss: 7.7%, Profit/Loss ratio: 2.6 : 1 - Good

    CURRENT PRICE 32.95, just above resistance, 30.29 ± 1.58, type triple+, strength 10

    RESISTANCE ABOVE None.

    Stock chart

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SRPT
     
  2. SRPT getting hot again good move today
     
  3. wow over 40 today, hit 42
     
  4. been a while but looks like SRPT ready to move higher out of the bullish flag

    VOLUME 1.56mil shares, +204% compared to typical volume of 513.6k by 11:05 am ET (15-20 min delayed).
    High Volume alert!
    Typical daily volume is 1.66mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 49.25, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 55.97, 11% Stop: 48.02, Loss: 4.8%, Profit/Loss ratio: 2.3 : 1 - Good

    [​IMG]

    source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SRPT"><u>SRPT at StockConsultant</u></a>