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Arcos Dorados Holdings Inc. Cla Message Board

  • bozolover21 bozolover21 Oct 5, 2012 12:41 PM Flag

    ARCO target 17.47

    short term breakout target and gap fill very nice

    from StockConsultant website

    BREAKOUT CONFIRMED breakout above 15.76, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 17.47, 9.3% Stop: 15.35, Loss: 3.9%, Profit/Loss ratio: 2.4 : 1 - Good

    CURRENT PRICE 15.98, just above resistance, 15.38 ± 0.37, type single, strength 5

    RESISTANCE ABOVE +12.1% at 17.92 ± 0.43, type double, strength 5
    +17% at 18.7 ± 0.45, type double, strength 8
    +24.2% at 19.85 ± 0.48, type single, strength 5

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ARCO
5.27-0.02(-0.38%)12:51 PMEDT