Monday, October 10, 2011

Three New Highs to Watch

Three Interesting New Highs:


Rightnow Technologies ($RNOW) has been one of our favorite Cloud Computing stocks since late 2009 and in the last month it has put together an impressive rally to a new all-time high. A pullback to the $34-$35 range will be tough to ignore.


Activision Blizzard ($ATVI) is a gaming company that has been stuck in a trading range for three years. A big surge today has the stock at its best level in two years and on the verge of a much bigger breakout. This is one to watch.


Dollar Tree Stores ($DLTR) hitting yet another all-time high today and is up 41% on the year. The move today is somewhat of a surprise because with stocks bouncing on hopes of a better economy in the future, $DLTR typically will outperform during a recession.

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