Breakout and Gap Stocks

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

  1. Blaine Tarr

    Blaine Tarr forum leader won penny contest 24x won weekly contest 20x

    Very nice. AMTD went with it. Many of the financials soared today off the fed tapering news. "Bullish" for the economy and stock market? Time will tell.
     
  2. StockIdeas

    StockIdeas Active Member

    yes banks and financials were big movers after the fed release.
     
  3. StockIdeas

    StockIdeas Active Member

    DDD

    tripped the breakout after flat lining for a week, good volume

    VOLUME 2.63mil shares, +43.5% compared to typical volume of 1.84mil by 12:55 pm ET (15-20 min delayed).
    Typical daily volume is 3.75mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 83.28, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 92.02, 9.5% Stop: 80.98, Loss: 3.6%, Profit/Loss ratio: 2.6 : 1 - Good

    [​IMG]

    Source: DDD at StockConsultant
     
  4. StockIdeas

    StockIdeas Active Member

    AMZN

    good breakout and volume

    VOLUME 2.78mil shares, +142% compared to typical volume of 1.15mil by 12:25 pm ET (15-20 min delayed).
    High Volume alert!
    Typical daily volume is 2.61mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 397.63, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 422.8, 5.1% Stop: 392.71, Loss: 2.3%, Profit/Loss ratio: 2.2 : 1 - Good

    [​IMG]

    Source: AMZN at StockConsultant
     
  5. StockIdeas

    StockIdeas Active Member

    AKAM good sized price/resistance gap to fill

    VOLUME 3.86mil shares, +97.2% compared to typical daily volume over the past 6 months.
    High Volume alert!
    Typical daily volume is 1.95mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 47.54, no resistance in area just above.
    Type: True breakout from triple+ resistance.
    Target: 50.4, 5.7% Stop: 46.6, Loss: 2.3%, Profit/Loss ratio: 2.5 : 1 - Good

    CURRENT PRICE 47.7, just above resistance, 46.91 ± 0.61, type triple+, strength 10

    RESISTANCE ABOVE +7.7% at 51.36 ± 0.67, type double, strength 3
    +10.3% at 52.6 ± 0.68, type triple, strength 10

    [​IMG]

    source: AKAM at StockConsultant
     
  6. StockIdeas

    StockIdeas Active Member

    CLFD clean breakout, good volume

    VOLUME 60.6k shares, +45.5% compared to typical volume of 41.64k by 11:55 am ET (15-20 min delayed).
    Typical daily volume is 106.8k shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 18.74, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 21.35, 11.5% Stop: 18.27, Loss: 4.6%, Profit/Loss ratio: 2.5 : 1 - Good

    [​IMG]

    Source: CLFD at StockConsultant
     
  7. StockIdeas

    StockIdeas Active Member

    EWBC

    clean breakout above a couple months of price consolidation

    BREAKOUT CONFIRMED breakout above 34.76, no resistance in area just above.
    Type: True breakout from triple+ resistance.
    Target: 36.62, 4.3% Stop: 34.44, Loss: 1.9%, Profit/Loss ratio: 2.2 : 1 - Good

    [​IMG]

    source: EWBC at StockConsultant
     
  8. StockIdeas

    StockIdeas Active Member

    BBBY

    breakout of a long top area

    BREAKOUT CONFIRMED breakout above 78.78, no resistance in area just above.
    Type: True breakout from triple+ resistance.
    Target: 82.54, 4.1% Stop: 77.91, Loss: 1.7%, Profit/Loss ratio: 2.4 : 1 - Good

    [​IMG]

    source: BBBY at StockConsultant
     
  9. StockIdeas

    StockIdeas Active Member

    CPRX

    so close to breaking out into the resistance gap

    BREAKOUT WATCH for possible breakout above 2.06, no resistance in area just above.
    Type: True breakout from triple+ resistance.
    Target: 2.5, 23.8% Stop: 1.85, Loss: 8.4%, Profit/Loss ratio: 2.8 : 1 - Good

    [​IMG]

    source: CPRX at StockConsultant
     
  10. StockIdeas

    StockIdeas Active Member

    CPRX nice follow through
     
  11. StockIdeas

    StockIdeas Active Member

    BODY

    nice little gap breakout

    VOLUME 472.7k shares, +38.5% compared to typical daily volume over the past 6 months.
    Typical daily volume is 341.4k shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 4.11, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 4.77, 13.8% Stop: 3.95, Loss: 5.7%, Profit/Loss ratio: 2.4 : 1 - Good

    [​IMG]

    source: BODY at StockConsultant
     
  12. StockIdeas

    StockIdeas Active Member

    SNV

    ascending triangle, now a confirmed breakout above 3.55,

    BREAKOUT CONFIRMED breakout above 3.55, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 3.76, 5.3% Stop: 3.5, Loss: 2%, Profit/Loss ratio: 2.7 : 1 - Good

    SNV12302013.png

    source: SNV at StockConsultant
     
  13. StockIdeas

    StockIdeas Active Member

    BRCM

    trying to fill that gap with the latest breakout

    BREAKOUT CONFIRMED breakout above 29.59, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 31.17, 5.1% Stop: 29.17, Loss: 1.6%, Profit/Loss ratio: 3.2 : 1 - Excellent

    BRCM12312013.png


    source: BRCM at StockConsultant
     
  14. StockIdeas

    StockIdeas Active Member

    LVS

    trying to continue higher, good start on the volume today

    VOLUME 544.7k shares, +57.1% compared to typical volume of 346.6k by 10:05 am ET (15-20 min delayed).
    Typical daily volume is 4.33mil shares over the past 6 months.

    BREAKOUT WATCH for possible breakout above 79.67, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 84.06, 6.4% Stop: 77.84, Loss: 1.5%, Profit/Loss ratio: 4.3 : 1 - Excellent

    LVS122014.png

    source: LVS at StockConsultant
     
  15. StockIdeas

    StockIdeas Active Member

    ECT

    big resistance gap breakout watch with good volume

    VOLUME 100.6k shares, +80.8% compared to typical volume of 55.64k by 1:25 pm ET (15-20 min delayed).
    High Volume alert!
    Typical daily volume is 103k shares over the past 6 months.

    BREAKOUT WATCH for possible breakout above 7.99, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 9.17, 15.3% Stop: 7.6, Loss: 4.4%, Profit/Loss ratio: 3.5 : 1 - Excellent

    ECT122014.png

    source: ECT at StockConsultant
     
  16. StockIdeas

    StockIdeas Active Member

    BAC

    new high breakout, good volume

    VOLUME 124.4mil shares, +66.4% compared to typical volume of 74.76mil by 3:25 pm ET (15-20 min delayed).
    Typical daily volume is 93.45mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 16, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 16.94, 5.1% Stop: 15.74, Loss: 2.4%, Profit/Loss ratio: 2.1 : 1 - Fair

    BAC122014.png

    source: BAC at StockConsultant
     
  17. StockIdeas

    StockIdeas Active Member

    ETFC

    a slow and steady up trend

    VOLUME 3.12mil shares, +4.9% compared to typical daily volume over the past 6 months.
    Typical daily volume is 2.97mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 19.78, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 21.17, 6.9% Stop: 19.36, Loss: 2.3%, Profit/Loss ratio: 3 : 1 - Good

    ETFC132014.png

    source: ETFC at StockConsultant
     
  18. StockIdeas

    StockIdeas Active Member

    LUV liftoff

    breakout off a month long base, volume picking up

    VOLUME 5.72mil shares, +26.8% compared to typical volume of 4.51mil by 3:05 pm ET (15-20 min delayed).
    Typical daily volume is 6.26mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 19.11, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 20.36, 5% Stop: 18.94, Loss: 2.3%, Profit/Loss ratio: 2.2 : 1 - Good

    LUV132014.png

    source: LUV at StockConsultant
     
  19. StockIdeas

    StockIdeas Active Member

    C nice breakout, good volume

    VOLUME 12.23mil shares, +60.7% compared to typical volume of 7.61mil by 11:25 am ET (15-20 min delayed).
    Typical daily volume is 22.38mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 53.61, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 56.54, 4.6% Stop: 52.89, Loss: 2.1%, Profit/Loss ratio: 2.2 : 1 - Good

    C162014.png

    source: C at StockConsultant
     
  20. StockIdeas

    StockIdeas Active Member

    DECK

    strong breakout on good volume

    VOLUME 680.6k shares, +66.4% compared to typical volume of 409.1k by 11:55 am ET (15-20 min delayed).
    Typical daily volume is 1.05mil shares over the past 6 months.

    BREAKOUT CONFIRMED breakout above 87.11, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 94.85, 8.2% Stop: 84.68, Loss: 3.4%, Profit/Loss ratio: 2.4 : 1 - Good

    DECK162014.png

    source: DECK at StockConsultant
     
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