YPF confirmed breakout

Discussion in 'Stocks' started by Stocks4life, Jan 29, 2013.

  1. confirmed breakout above 16.06 after a month of consolidation

    BREAKOUT CONFIRMED breakout above 16.06, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 19.17, 17.8% Stop: 15.36, Loss: 5.7%, Profit/Loss ratio: 3.1 : 1 - Excellent

    CURRENT PRICE 16.28, just above resistance, 15.43 ± 0.6, type triple, strength 10

    RESISTANCE ABOVE None.

    SUPPORT BELOW -5.2% at 15.43 ± 0.6, type triple, strength 10
    -20.8% at 12.89 ± 0.5, type triple+, strength 10
    -27.5% at 11.8 ± 0.46, type double, strength 4

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=YPF
     
  2. good follow through today

    [​IMG]