Sunday, September 7, 2008

Rock-Tenn Co. Ready to Break out?

HGR - if it goes above 19.2, will break out on the upside; start tiny above 18.2, then start pyramiding in as it goes higher. Thinly traded (350K).

AMGN - positive run may be over; may break out higher if it gets over 66.2. More likely to break out lower.

MITI - run up may be over; break out over 7.7 . Thinly traded (275K).

WMB - no longer taking off, support around 28; alert above 32.4, otherwise it's a falling knife

LSR - too thinly traded (43K).

VRX - interesting above 21.

NWY - interesting above 12.4 .

New additions of 52-week highs: GIS, RKT, CRMT

GIS - poised to break out over 68; Earnings announcement Sep 17 . Bollinger Bands tightening. Went higher at End of the week. Clear uptrend over 6 months, consistently higher than EMA. Pick up over 68.4 .

RKT - breaking out on the upside. Thinly-traded (560K). Pick up over 40.5 .

CRMT - interesting over 22.2. Thinly-traded (292K).



Chart Links:
52-week highs at BarChart.
New 52-week highs at MSN Money.
MSN Money Power Searches.

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