Today I highlight another flat base breakout to go along with yesterday’s Monolithic Power (MPWR) which continues to break out nicely. The stock is Energizer Holdings (ENR) and it’s staging a big breakout off support of the 50 day moving average and above a well constructed flat base at 102.10 with a buyable range of 102.10 to 107.20. I would look to get in at 104 or lower. The stock has run up big as I write this and is due for some kind of pull back intraday.
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It Keeps Going and Going...
(Financial Armageddon, 12/20/09)
(ENR) Energizer Holdings Increased Profitability Beats Expectations
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(ENR) Energizer Holdings – Bear of the Day
(Stock Blog Hub, 12/19/09)
He keeps going, and going...
(AlphaNinja, 10/5/09)
Filed under Stock Trade of the Day by Tate Dwinnell
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