Stock Chart Analysis BEC

Posted by downtowntrader | 7/22/2007 08:13:00 PM | 0 comments »

Stock Chart Analysis BEC

Beckman Coulter, Inc. (Public, NYSE:BEC)

BEC had a strong move to breakout of the base shown below. It is pulling back to test the breakout area on declining volume. Look for it to find support here if the breakout is valid. There is some resistance above in the form of a previous all time high, however, it looks like it is poised to move higher from here.

Good Trading,


Joey

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