Latest High-Ranked BreakOut Alert – Update

CDK Global, Inc. (CDK – Nasdaq) provides integrated information technology and digital marketing solutions to the automotive retail and other industries worldwide.

This was the only buyable breakout we had this past week.

A BreakOut Alert was issued to all subscribers at 11:35 AM on Tuesday morning as shares traded above the posted TRIGGER PRICE of $59.60 while volume was above average.

This type of bullish action is always considered a default BUY signal, and this stock then became the latest addition to our portfolio at BuyingBreakOuts.com.

SYMBOL
PROFIT
/LOSS
ADDED TO
WATCH LIST
BREAKOUT
DATE
BREAKOUT
PRICE
CDK -0.03% 11-28-16 12-13-16 $59.60

MAX BUY
PRICE
1st
SUPPORT
2nd
SUPPORT
MAX STOP
LOSS GUIDE
EARNINGS
INFO
$62.58 $50.00 50 DMA $54.83 HERE

 

Shares have made little progress since triggering a default BUY signal on Tuesday.

For those who bought this latest BreakOut Alert – The stocks remains above our 1st SUPPORT of the previous highs, and you can put your 2nd SUPPORT at the 50-day moving average which is currently at $56.54, and fairly well above our MAX STOP LOSS GUIDE of $54.83.

For those who are still interested in buying – any above average volume gains would be buyable up to the MAX BUY PRICE of $62.85.

Don’t miss our next BreakOut Alert!  

boa

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