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Monday
Aug212006

NEU ALY

DateMonday, August 21, 2006 at 10:25AM

NEU is one of the stocks on my top 10 trading list.   It's in a process of breaking out today.   Given the kind of momentum this stock has exhibited in the past, it should have some meaningful follow through.    What I like particularly about the setup is the consolidation prior to this move.   The consolidation looks solid for this move.    Recent earning and Insider buying are the two catalyst Imo.   This one is for my chase today.

ALY got a nice RBC upgrade today and the fact it debuted as #50 in IBD helps.   This co. also did a recent offering and was taken very well.    It's one of the few stocks attacking 52 week high I really like.     I'm adding on weakness.

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