Tuesday, August 21, 2012

SRZ Breakout


SRZ has been breaking out for some time.    One to keep an eye on for a pullback and bounce.  I keep waiting but it does not happen.



The weekly chart shows a volatility squeeze. After gathering itself at the 200 period ma it broke out.  After a bounce off the 50 dma it looks like SRZ wants to continue to go up.