VIP breakout watch

Discussion in 'Stocks' started by Stocks4life, Feb 4, 2013.

  1. bull flag breakout watch above 12.29

    BREAKOUT WATCH for possible breakout above 12.29, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 13.13, 7% Stop: 11.96, Loss: 2.5%, Profit/Loss ratio: 2.8 : 1 - Good

    CURRENT PRICE 12.27, at resistance, 12.11 ± 0.18, type triple, strength 10

    RESISTANCE ABOVE None.

    SUPPORT BELOW -5.8% at 11.56 ± 0.17, type double, strength 10
    -8% at 11.29 ± 0.17, type triple, strength 10
    -13.9% at 10.57 ± 0.16, type triple+, strength 10

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=VIP
     
  2. VIP now confirmed breakout but volume is still light