NPS Pharma (NPSP) Triggered at $6.75 - First Target $7.50, Potential for Bull Flag Breakout, Good Volume
Aluminum China (ACH) Triggers at $23 - Target $27 on Ascending Triangle Break (Call Buying)
Analog Devices (ADI) Triggers at $31 - Ascending Triangle Breakout (Call Buying) - First Target $34 2008 Highs
Digital River (DRIV) Triggers at $32 - Breaks into Massive Gap (Call Buying) - Target Near $40
Calix (CALX) Consolidation Breakout - Recent IPO's in Tech Hot (Also Like MOTR, IL)
Tupperware (TUP) - Triggered at $44 (Already +$2) - Call Buying Later - Ascending triangle Breakout and Room to Run - Target $50
Johnson Controls (JCI) Triggered at $30.50 for Channel Breakout - Target $35 - Call Buyers Came in Later
Pharmasset (VRUS) - Triggered at $29 - Simple Resistance Breakout - Target $34 Resistance
Steve Madden (SHOO) - Triggered at $40 - Target $45
Stanley Black & Decker (SWK) Bull Flag Breakout, Developing - Target $65
Cognizant (CTSH) - Triggered $64.50 - Resistance Breakout - Target $70
Carribou Coffee (CBOU) - Triggered at $10.25 - Consolidation Breakout - Target $12
99 Cent Stores (NDN) - A Bit Late but Great 10 year Weekly - Gap Fill to $20
Carbo Ceramics (CRR) - Triggered at $83 - Major Resistance Breakout - Target $100
Estee Lauder (EL) - Triggered at $62 - Descending Triangle Breakout - Target $65
This blog will be used to provide thoughts on the market, technical set-ups, fundamental trading ideas, and other opinions of Joe Kunkle, a Professional Trader that founded Options Hawk. Please Visit OptionsHawk.com for Professional Subscription Services
Tuesday, September 28, 2010
Monday, September 13, 2010
12 Fresh Breakouts You Need to be Watching
Xyratex (XRTX) Breaks Channel Down for Implied Move to $17 - Great Value Name as Well
Infineon (INFN) Weekly Chart Breakout for Potential Move to $15
Lexmark (LXK) Key Break of Resistance - Should be Good to $45
Cypress Semi (CY) Breaks Key $11.75 Resistance for Implied Move Exactly at #13.75 May Highs
Viacom (VIA.B) Descending Triangle Breakout for $40 Target
Infosys (INFY) Explosive Ascending Triangle Breakout - Target $70
Life-Time Fitness (LTM) Descending Triangle Breakout - 24.5% Short Float - Target $50
Concur Tech (CNQR) Breakout to Lifetime Highs - 13.7% Short Float - There is a Reason All those Feb. 50 Calls Bought Recently - First Target of $55
Ardea Bioscience (RDEA) Channel Breakout - Longer Term Bull Flag - Target $30
Vocus (VOCS) Massive Descending Triangle Breakout Above 200 EMA - $20 Target
Synopsys (SNPS) Channel Breakout on Weekly - $26.50+ target
Scholastic Corp (SCHL) Channel Breakout - $30 Target
Infineon (INFN) Weekly Chart Breakout for Potential Move to $15
Lexmark (LXK) Key Break of Resistance - Should be Good to $45
Cypress Semi (CY) Breaks Key $11.75 Resistance for Implied Move Exactly at #13.75 May Highs
Viacom (VIA.B) Descending Triangle Breakout for $40 Target
Infosys (INFY) Explosive Ascending Triangle Breakout - Target $70
Life-Time Fitness (LTM) Descending Triangle Breakout - 24.5% Short Float - Target $50
Concur Tech (CNQR) Breakout to Lifetime Highs - 13.7% Short Float - There is a Reason All those Feb. 50 Calls Bought Recently - First Target of $55
Ardea Bioscience (RDEA) Channel Breakout - Longer Term Bull Flag - Target $30
Vocus (VOCS) Massive Descending Triangle Breakout Above 200 EMA - $20 Target
Synopsys (SNPS) Channel Breakout on Weekly - $26.50+ target
Scholastic Corp (SCHL) Channel Breakout - $30 Target
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