Darden Restaurants (NYSE: DRI) 3rd try at breakout and gap fill

PRLog (Press Release) - Mar. 12, 2013 - Bridgewater, MA - (NYSE: DRI) came up on our screen for bottom breakout stocks today. DRI over the past three months has bottomed below the between the 44 and 48 price area. Today the stock is approaching the breakout price of 48.13 and start of the upside gap fill.

Abbreviated DRI support and resistance map:

CURRENT PRICE        47.93, at resistance, 47.61 ± 0.52, type double, strength 7

RESISTANCE ABOVE        +5.8% at 50.73 ± 0.56, type single, strength 1
+9.8% at 52.65 ± 0.58, type double, strength 4

SUPPORT BELOW        -3.7% at 46.14 ± 0.51, type triple+, strength 10
-6.9% at 44.61 ± 0.49, type triple, strength 10

DRI breakout details:

BREAKOUT        WATCH for possible breakout above 48.13, no resistance in area just above.
Type: True breakout from double resistance.
Target: 50.51, 5.4%   Stop: 47.15,   Loss: 1.6%,   Profit/Loss ratio: 3.4 : 1 - Excellent

Full DRI report with stock charts and analysis here:

http://www.stockconsultant.com/consultnow/basicplus.cgi?s...

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