Breakout and Gap Stocks

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.

 

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

 

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



Source: DDD at StockConsultant

 

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



Source: AMZN at StockConsultant

 

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



source: AKAM at StockConsultant

 

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



Source: CLFD at StockConsultant

 

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



source: EWBC at StockConsultant

 

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



source: BBBY at StockConsultant

 

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



source: CPRX at StockConsultant

 

CPRX nice follow through

 

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



source: BODY at StockConsultant

 

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



source: SNV at StockConsultant

 

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




source: BRCM at StockConsultant

 

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



source: LVS at StockConsultant

 

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



source: ECT at StockConsultant

 

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



source: BAC at StockConsultant

 

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



source: ETFC at StockConsultant

 

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



source: LUV at StockConsultant

 

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



source: C at StockConsultant

 

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



source: DECK at StockConsultant