Is This Stock Ready to Run?

This stock went on an 11-day tear recently; is it getting ready to do it again?

   

Industrial equipment wholesaler MSC Industrial Direct Co. (MSM) may not be a big name, but its chart is telling me it’s getting ready to make a big move. While technical analysis can’t identify the catalyst behind a stock’s move, MSM reports earnings Wednesday, July 10.

 InvestorPlace advisor John Lansing tracks the charts all day and offers expert technical analysis in his day trading, options and trading services: Power Trading at the OpenParabolic Options andTrending123.  Trending123 members receive access to the Trending123 Pattern Scan powered by Recognia free as part of their membership.


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