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Stock Research for Breakout trading

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REPUBLIC AWYS HLDGS INC COM support | resistance | research

Stock : RJET |   Stock Recommendations : Buy
Sector : Transportation :- Airline |   First resistance : 18.12
Stock Name : REPUBLIC AWYS HLDGS INC COM |   Second resistance : 21.60
Buy Near : 14.95 |   Third resistance : 21.79
StopLoss : 11.32 |   First Support : 12.81
Posted date : 11/2/2008 12:00:00 AM |   Second Support : 11.73


REPUBLIC AWYS HLDGS INC COM (RJET) given a nice cup and handle breakout on 10/28/08 with good volume Again many technical indicators also have given a buy signal, with rising moving average weekly and daily Stockhastic given a buy signal and ADX also given a buy signal.

   REPUBLIC AWYS HLDGS INC COM (RJET) said its operating revenue for the quarter that ended Sept. 30 grew 16.7 percent. In down economy revenue growth and low gas price offering good investment in this Stock. As per technical indicator analysis this Stock looks good candidate for portfolio investment and also for day trading, Stock investing, trend trading | swing trading. Due to Stock market and economic condition keep tight stop loss on all position. Only problem is technical indicators are in overbought condition so you need to wait to release this overbought condition, you can enter near $12.81/$12.17



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