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Terex Corp. Message Board

  • stockconsultant_com1 stockconsultant_com1 Dec 7, 2012 12:30 PM Flag

    TEX breakout watch

    nice bull flag here with a breakout watch above 25.32 just needs more volume

    source StockConsultant website

    BREAKOUT WATCH for possible breakout above 25.32, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 28.37, 14.8% Stop: 23.92, Loss: 3.2%, Profit/Loss ratio: 4.6 : 1 - Excellent

    CURRENT PRICE 24.71, at resistance, 24.66 ± 0.67, type triple, strength 9

    RESISTANCE ABOVE None.

    SUPPORT BELOW -7.2% at 22.94 ± 0.62, type triple+, strength 6
    -11.9% at 21.76 ± 0.59, type triple+, strength 10
    -22.6% at 19.12 ± 0.52, type triple, strength 10

 
TEX
35.65+0.48(+1.36%)Jul 30 4:00 PMEDT

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