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Technical Analysis with Woodshedder

The Daily Breakout

by Woodshedder on August 6th, 2008 at 9:15 pm

Stocks continue to breakout from strong bases.

Covance Inc. (CVD: 32.84 0.00%) This one has been a good winner for me, as I have been long it since $88.30. Phil from Brazil initially brought it to my attention, and then it showed up on another screen. Now, CVD has begun to show up on ATR breakout and momo screens.

Mindray Medical International Limited (MR: 12.46 0.00%) Great volume on this move. Above $44.00 and MR will have cleared an 11 month base.

Waste Connections, Inc. (WCN: 31.69 0.00%) Very pretty cup with handle here. Truly, trash is rising to the top.

 
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