TwinTrader.com announces the publication of Breakout for NAFC; highlighting public companies on the move and what’s behind the surge.
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“Nash-Finch Company operates as a food distribution company in the United States. It operates in three segments: food distribution, military and retail. The Food Distribution segment sells and distributes various nationally branded and private label grocery products and perishable food products, primarily meat to grocery stores located in 26 states across the United States…
“Fresh Seasons Market plans to open a second location, in downtown Victoria, in spring 2009. Nash-finch is the supplier to the new food chain. News of its customers expanding their stores only stands to increase earnings for Nash-Finch in future quarters…
“RSI indicates the stock is not yet overbought; but the MACD is showing signs that the rally since early July may be temporarily exhausted. The 50-day MA is nicely above the 200-day MA, indicating bullish sentiment underlying the stock...”
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