11 new stubbystock HIGHS [EOD20130521] $CVI $MIDD $JPM $PNC $SAIA $GS $AXP $ASML $TM $C $UNF

charts & quotes

ranked table of highs

  • stubby’s rank criteria based on IBD SmartSelect parameters.

No.1 rank chart and commentary

  • Company Profile: Middleby Corp (MIDD) Company Description: MANUFACTURES A BROAD LINE OF COOKING AND WARMING EQUIPMENT USED IN HOTELS, RESTAURANTS AND OTHER INSTITUTIONS.
  • MIDD has been one of my fav industrial stocks this year. currently listed as no. 1 leader in it’s category on IBD. the daily & weekly chart show MIDD has recently broken out. in the weekly timeframe, this is the second week of gaining higher since since breaking out of the box. MIDD looks to continue it’s charge higher.
  • my current status for MIDD is HOLD until the stock exhibits to test the upper trend-line drawn in the finviz daily chart OR another MACD xUP on the daily chart.

midd_wkly_20130521_tc2000midd_daily_20130521_finviz

other setups to watch in todays 52wk highs list

  • as mentioned yesterday, CVI – breaking out through a resistance level of 65. if it pulls back, watch for support @ 66.13 in which case would make a good entry if bounces higher on high vol.
  • JMP – status HOLD. new hrly support level(s) @ 52.00 & 51.01.
  • PNC – status HOLD. new hrly support level(s) @ 71.16 & 70.35.
  • SAIA – status HOLD. new hrly support level(s) @47.36 & 46.95.
  • GS – status HOLD. new hrly support level(s) @ 157.44
  • AXP – status HOLD. new hrly support level(s) @ 74.20 & 73.00
  • ASML – status HOLD. new hrly support level(s) @ 77.52
  • TM – status HOLD. new hrly support level(s) @ 127.60 & 122.53
  • C – status HOLD. new hrly support level(s) @ 51.00 & 49.05
  • UNF – status HOLD. new hrly support level(s) @ 95.50 & 94.51

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