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Coinstar Breaks Out; Chipotle Gets Grilled
Posted on June 27, 2012 at 18:26 PM EDT
Despite an up day in the market, Sector Leaders gave a mixed showing Wednesday. Coinstar (CSTR) was the best performer. It rallied 1.90, or 3%, to 67.43. The stock cleared a 67.10 buy point in a cup-with-handle base. But turnover rose 17% above average, which is lackluster for a breakout. Volume should be at least 40% on breakout day. On Tuesday, the stock initially stumbled on news that an acquisition would hurt its full-year earnings. But it
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