TwinTrader.com announces the publication of Breakout for DXP; highlighting public companies on the move and what’s behind the surge.
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“DXP Enterprises Inc. is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to industrial customers. The company is organized into two segments: MRO and Electrical Contractor. The MRO segment provides MRO products, equipment and integrated services, including technical design expertise and logistics capabilities, to industrial customers…
“DXP Enterprises Inc. said Monday its board of directors approved a 2-for-1 stock split …
“Shares of DXP Enterprises have enjoyed a nice bull move since the first week in July. The breakout to new highs has seriously extended its technicals into the overbought range as measured by the RSI and MACD. The stock has also strayed away quite far from its 50-day moving average and trend line...”
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