Apr

24

2007

Icon (ICLR) Breaks Out of Flat Base; Omnicell (OMCL) Adds to Recent Break Out

Today’s Earnings Movers: 

UP

• PACCAR (PCAR) Trucks & Other Vehicles, fundamental rank [25/30],  up 10%, adding much to a long uptrend and at all time highs

• Anixter International (AXE) Electronics Wholesale, fundamental rank [25/30],  up 5%, adding to february’s break out; at all time highs

• Omnicell (OMCL) Computer Based Systems, fundamental rank [24/30],  up 4%, adding to Friday’s break out to a new all time high; looks outstanding

• ICON (ICLR) Research Services, fundamental rank [24/30],  up 4%, breaking out of flat base to new all time highs

DOWN

• Resmed (RMD) Medical Appliances & Equipment, fundamental rank [26/30],  down 10%, well off morning lows but should spend considerable time basing around 40

• Carlisle Companies (CSL) Rubber & Plastics, fundamental rank [23/30],  down 8%, took out support of both 50 and 200 day moving averages; February break out has failed

• Coach (COH) Apparel Stores, fundamental rank [27/30],  down 6%, on the verge of taking out support of the 50 day moving average; overdue for some kind of correction

• Kinetic Concepts (KCI) Medical Appliances & Equip, fundamental rank [26/30],  down 4%, getting decent bounce off 50 day moving average

• Metalico (MEA) Steel & Iron, fundamental rank [23/30],  down 4%, some big buying in this "off the radar" steel play; still holding at all time highs despite today’s selling