Breakout and Gap Stocks

Discussion in 'Stock picks and trading strategies' started by StockIdeas, Jul 22, 2013.

  1. StockIdeas

    StockIdeas Active Member

    ACAD

    intraday price and volume spike, watch for breakout above 21.27 (triple resistance) and two month price consolidation area.

    BREAKOUT WATCH for possible breakout above 21.27, no resistance in area just above.
    Type: True breakout from triple+ resistance.
    Target: 25.39, 19.8% Stop: 19.86, Loss: 6.3%, Profit/Loss ratio: 3.1 : 1 - Excellent

    CURRENT PRICE 21.2, at resistance or support, 20.44 ± 0.82, type triple+, strength 10
    RESISTANCE ABOVE None.

    SUPPORT BELOW -16% at 17.81 ± 0.71, type double, strength 7
    -31.7% at 14.47 ± 0.58, type double, strength 10
    -37.6% at 13.22 ± 0.53, type single, strength 5

    ACAD_9_5.png

    ACAD on StockConsultant
     
    Last edited by a moderator: Mar 22, 2014
  2. StockIdeas

    StockIdeas Active Member

    BSX

    nice breakout today on BSX above 11.46 on 130% higher volume

    VOLUME 39.38mil shares, +130% compared to typical daily volume over the past 6 months.
    High Volume alert!
    Typical daily volume is 17.13mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 11.46, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 12.32, 6.5% Stop: 11.24, Loss: 2.9%, Profit/Loss ratio: 2.2 : 1 - Good

    [​IMG]

    source: BSX at StockConsultant
     
  3. StockIdeas

    StockIdeas Active Member

    KBH

    moving higher off double bottom support (16 area) on 90% higher volume

    VOLUME 3.4mil shares, +90.5% compared to typical volume of 1.78mil by 11:55 am ET (15-20 min delayed).
    High Volume alert!
    Typical daily volume is 4.58mil shares over the past 6 months.

    TARGET 1 Price: 18.51 Profit: 12% , for a typical rally.
    Stop Limit/Trailing Stop Limit: 15.85 Loss: 4.1%
    Profit/Loss Ratio: 2.9 : 1 - Good

    [​IMG]

    source: KBH at StockConsultant
     
  4. StockIdeas

    StockIdeas Active Member

    BBRY

    watch for breakout above 11.41, 47% higher volume today

    VOLUME 6.89mil shares, +47% compared to typical volume of 4.69mil by 10:25 am ET (15-20 min delayed).
    Typical daily volume is 29.29mil shares over the past 6 months.

    BREAKOUT WATCH for possible breakout above 11.4, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 13.07, 17.5% Stop: 10.69, Loss: 3.9%, Profit/Loss ratio: 4.5 : 1 - Excellent


    CURRENT PRICE 11.12, at resistance, 11.05 ± 0.35, type double, strength 10
    RESISTANCE ABOVE +19.4% at 13.28 ± 0.42, type triple+, strength 10
    +30.8% at 14.55 ± 0.47, type triple+, strength 10

    [​IMG]

    source: BBRY at StockConsultant
     
  5. StockIdeas

    StockIdeas Active Member

    BIDU

    month long price consolidation, watch for breakout above 142.07

    BREAKOUT WATCH for possible breakout above 142.07, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 152.7, 9% Stop: 135.65, Loss: 3.1%, Profit/Loss ratio: 2.9 : 1 - Good

    CURRENT PRICE 140, at resistance, 139.7 ± 2.38, type single, strength 5

    RESISTANCE ABOVE None.

    SUPPORT BELOW -3.1% at 135.6 ± 2.31, type triple, strength 7
    -8.9% at 127.6 ± 2.17, type single, strength 8

    [​IMG]

    source: BIDU at StockConsultant
     
  6. StockIdeas

    StockIdeas Active Member

    DLTR

    two month long price consolidation, watch for breakout above 54.86

    BREAKOUT WATCH for possible breakout above 54.86, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 57.8, 5.5% Stop: 53.74, Loss: 2%, Profit/Loss ratio: 2.7 : 1 - Good

    [​IMG]

    source: DLTR at StockConsultant
     
  7. StockIdeas

    StockIdeas Active Member

    HLX

    watch for a breakout above 26.78 (triple resistance)

    BREAKOUT WATCH for possible breakout above 26.78, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 28.58, 7.5% Stop: 26.08, Loss: 1.9%, Profit/Loss ratio: 4 : 1 - Excellent

    CURRENT PRICE 26.58, at resistance, 26.4 ± 0.37, type triple, strength 10

    RESISTANCE ABOVE None.

    [​IMG]

    source: HLX at StockConsultant
     
  8. Mystocktobuy

    Mystocktobuy New Member

    I like this kind of analysis for trend following pourpouses. Is similar to mine. It is very interesting the attention you place on the study of volumes. Congratulations. Fredrick
     
  9. StockIdeas

    StockIdeas Active Member

    Latest screen for confirmed breakouts/strong stocks: $MU $TSRO $YOKU $AVG $BBD $BCOV $DISH $HCA $HCLP $IDTI $NSM $OSK $RATE $SNCR $STMP $STRZA $WWWW $YHOO, source http://www.stockconsultant.com/
     
  10. StockIdeas

    StockIdeas Active Member

    PGH

    watch for breakout above 6.01 (strong triple resistance area)

    BREAKOUT WATCH for possible breakout above 6.01, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 6.43, 9% Stop: 5.78, Loss: 2%, Profit/Loss ratio: 4.5 : 1 - Excellent

    PGH_9_18.png

    source: PGH at StockConsultant
     
    Last edited by a moderator: Mar 22, 2014
  11. StockIdeas

    StockIdeas Active Member

    FFIV

    watch for a breakout above 95.56 (strong triple resistance)

    BREAKOUT WATCH for possible breakout above 95.56, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 101.9, 9.4% Stop: 91.23, Loss: 2%, Profit/Loss ratio: 4.7 : 1 - Excellent

    CURRENT PRICE 93.1, at resistance, 94.13 ± 1.41, type triple, strength 10

    RESISTANCE ABOVE +10.5% at 102.9 ± 1.54, type single, strength 3

    SUPPORT BELOW -2.5% at 90.75 ± 1.36, type double, strength 10

    [​IMG]

    source: FFIV at StockConsultant
     
  12. StockIdeas

    StockIdeas Active Member

    DDD

    watch for breakout above 55.55, true breakout from double resistance area

    BREAKOUT WATCH for possible breakout above 55.5, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 62.55, 14.1% Stop: 53, Loss: 3.3%, Profit/Loss ratio: 4.3 : 1 - Excellent

    CURRENT PRICE 54.83, at resistance, 54.03 ± 1.46, type double, strength 10

    RESISTANCE ABOVE None.

    [​IMG]

    source: DDD at StockConsultant
     
  13. StockIdeas

    StockIdeas Active Member

    DECK

    big breakout today on heavy volume, moving out to a two year chart says we could visit 75 resistance area.

    VOLUME 2.28mil shares, +171% compared to typical daily volume over the past 6 months.
    High Volume alert!
    Typical daily volume is 841.8k shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 62.95, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 68.27, 6.7% Stop: 61.91, Loss: 3.2%, Profit/Loss ratio: 2.1 : 1 - Fair

    [​IMG]

    source: DECK at StockConsultant
     
  14. StockIdeas

    StockIdeas Active Member

    Excellent follow through on DECK today
     
  15. StockIdeas

    StockIdeas Active Member

    CMG

    watch for breakout above 429.92 on 88% higher volume

    VOLUME 164.4k shares, +88.7% compared to typical volume of 87.11k by 10:45 am ET (15-20 min delayed).
    High Volume alert!
    Typical daily volume is 363k shares over the past 6 months.

    BREAKOUT WATCH for possible breakout above 429.92, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 453.5, 6.1% Stop: 417.86, Loss: 2.2%, Profit/Loss ratio: 2.8 : 1 - Good

    [​IMG]

    source: CMG at StockConsultant
     
  16. StockIdeas

    StockIdeas Active Member

    ESI

    confirmed breakout above 31.78 on 34% higher volume, education stocks strong

    VOLUME 193.1k shares, +34.6% compared to typical volume of 143.4k by 10:45 am ET (15-20 min delayed).
    Typical daily volume is 597.7k shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 31.78, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 36.39, 13% Stop: 30.55, Loss: 5.1%, Profit/Loss ratio: 2.6 : 1 - Good

    [​IMG]

    source: ESI at StockConsultant
     
  17. StockIdeas

    StockIdeas Active Member

    NFLX

    confirmed breakout on good volume, looks like yet another leg higher

    VOLUME 4.24mil shares, +26.4% compared to typical daily volume over the past 6 months.
    Typical daily volume is 3.35mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 317.36, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 352.3, 8.5% Stop: 310.75, Loss: 4.3%, Profit/Loss ratio: 2 : 1 - Fair

    [​IMG]

    source: NFLX at StockConsultant
     
  18. StockIdeas

    StockIdeas Active Member

    SRPT

    confirmed breakout above 49.25 on 204% higher volume

    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: SRPT at StockConsultant
     
  19. StockIdeas

    StockIdeas Active Member

    UBNT

    confirmed breakout above 36.7 on 123% higher volume

    VOLUME 415.7k shares, +123% compared to typical volume of 186.8k by 12:25 pm ET (15-20 min delayed).
    High Volume alert!
    Typical daily volume is 424.5k shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 36.7, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 41.49, 12.1% Stop: 35.34, Loss: 4.5%, Profit/Loss ratio: 2.7 : 1 - Good

    [​IMG]

    source: UBNT at StockConsultant
     
  20. StockIdeas

    StockIdeas Active Member

    ISRG

    watch for breakout above 395.2 and price gap fill

    VOLUME 776.6k shares, +266% compared to typical volume of 212.2k by 12:55 pm ET (15-20 min delayed).
    High Volume alert!
    Typical daily volume is 433.1k shares over the past 6 months.

    BREAKOUT WATCH for possible breakout above 395.2, no resistance in area just above.
    Type: True breakout from triple+ resistance.
    Target: 423.6, 8.2% Stop: 379.63, Loss: 3%, Profit/Loss ratio: 2.7 : 1 - Good
    Breakouts are an exception to the normal indicators which can at the same time indicate bearishness.

    [​IMG]

    source: ISRG at StockConsultant
     
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