Triple Top Breakouts Featuring Market Mover NL Industries Inc. (NYSE: NL), article by TwinTrader.com
DALLAS, Texas - TwinTrader.com announces the publication of Breakout for NL Industries Inc. (NYSE: NL), an excerpt highlighting public companies on the move and what’s behind the stock activity.
Investors can view all of the Breakouts and other articles for free by visiting: http://www.twintrader.com/
NL Industries Inc., through its subsidiary CompX International Inc., manufactures security products, precision ball bearing slides, and ergonomic computer support systems. The company offers locking mechanisms and other security products, such as disc tumbler locks, pin tumbler locking mechanisms, and eLocks that are used in various applications, including ignition systems, mailboxes, vending and gaming machines, parking meters, electrical circuit panels, storage compartments, office furniture and medical cabinet security.
The breakout features NL Industries’ financial results for the quarter, as well as the day’s technicals. The author writes:
“After a net loss last quarter, NL Industries turned its income statement around by reporting a net income of $4.0 million, or 8 cents per share. Last quarter, the company reported a net loss of $1.5 million, or 3 cents per share. … After breaking out above its $11 overhead resistance, the shares of NL Industries have maintain its breakout and against wholesale selling in the major market averages. The 50-day moving average is soon to make a bullish cross with its 200-day moving average, most likely attracting additional technical buyers. Volume in the last six weeks has been more than normal trading volume. The RSI is still in a neutral range, giving this stock more potential space to the upside. MACD is strongly bullish, but getting lofty.”
To read the entire article visit http://www.twintrader.com/
Join the fastest growing investor community at: http://www.stockhideout.com/
TwinTrader LLC (TT) is not a registered broker-dealer and is not a registered investment advisor. No investor should base their investments decisions upon any act or omission of TT. TT makes no representations or warranties, and none may be relied upon. The purchase and sale of any securities must be made solely with the assistance of a registered broker-dealer and/or investment advisor. TT may, and you should assume that TT does, own shares in the companies profiled on this site. TT intends to sell its shares at times and as otherwise allowed by the securities laws which may negatively affect the performance of the stock price. TT affiliates, officers, directors and employees may have also bought or may buy shares in the companies profiled on this site and may sell, and profit from the sale of, such shares at any time. Except as required by the securities laws, TT will not advise when it or its affiliates, officers, directors and employees intend to sell and will not offer any opinion as to when others should sell. Any recent increase in volume or increase in stock price may be due to trading by TT or its affiliates, officers, directors and employees. TT will not be responsible for any gains or losses due to investing based on any opinions contained on this site. Receipt of the stock profiles, either via e-mail or directly from this site, is not in any way a solicitation or recommendation to buy or sell and should be used for information purposes only. Short-term trading can be extremely risky. As with any investment decision, careful research should be done before making any decision to invest.
TwinTrader.com is a Web site partially owned by BlueWave Advisors, LLC, a financial public relations firm. BlueWave Advisors, LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice. For the full disclaimer visit www.beaconequity.com/m.
Source: TwinTrader.com
TwinTrader.com
Scott Sanchez, (214)-317-5947
scott@twintrader.com
