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Nothing like beating Briefing.com to a prefer breakout…less than ten minutes after I sent the following alert to TIMalert subscribers:
Just bought 5,000 shares of LZB at $4.54ish because I think there’s good odds it goes to $5…it’s a perfect multi-week cup & handle breakout past $3.70 to $4.60 on solid earnings just the other day…then it consolidated nicely in the low $4s, today, it’s bumping up against those old $4.60ish highs…methinks a breakout is coming to $5/share or higher…risk is I lose 20 cents/share if I’m wrong
…Briefing.com posted this:
La-Z-Boy pushes to fresh highs on a pick up in volume as it lifts modestly above its Jun/7-mth high of 4.63 (4.74 +0.71) -Technical-
The stock finished up nicely—I caught the original breakout:
…but EVERYONE had a chance to get in again as it gradually faded back to the key $4.60 breakout level around 3pm before finishing near its $4.80ish highs (a 25 cents/share gain so far for TIMalert subscribers, see all the happy testimonials below from my group who made in excess of $10,000 on this breakout, but only a 5 cent/share gain for the Briefing.com latecomers, many of whom who probly took losses before the late day surge)
LZB, all out for a quick $798… 2009 TimProfit up to $24,745.14. Total TimProfit up to $72,969.74
-Reaper
2000shs of $LZB at $4.60. Sold 20 minutes later at $4.81 for a $420 dollar profit. Thx TIMMAY!!
-S.B.G.
$200 profit here so far on LZB
-BTB
in 5000 LZB @ 4.58 out 2000 @ 4.76, 360 profit. riding the remaining 3000
-Bill
bought 200 LZB shares at 4.63….out for a quick 50 bucks. Awesome
-Mitso
My first IPOD trade 26 bucks on very small position!
-bassman
4000 shares LZB @ 6.62 and out @ 4.79 = +$680
-mjb
out of lzb $164 on 1200 shares
-scrillawill
got out at 4.85.. good $1250 profit…
-Ferrari
LZB blows just lost 500 bucks HHHHHHUUUUURRRRRRRRRRLLLLLLLLLLLLLL
-mc
in 2600 at 4.68, out at 4.8. banked $303. Thanks Tim
-yzhang
TIMalert subscribers will be notified later tonight as to what I think will happen tomorrow, everyone else will find long afterwards…hehehehehehe…here’s a tip, I found this breakout while running through my daily screening that I do, as I explain in detail for 6+ hours in my TIMfundamentals instructional research DVD package and LZB’s chart pattern is the exact pattern I comprehensively explain in my PennyStocking Part Deux instructional DVD package….learn it, love it, profit.
Posted in Breakouts, Testimonials