Gun Stocks Storm To New Highs; Should You Buy?
|01/05/2016||Posted by BusinessMediaguide.Com under General World News||
The new high list on Tuesday stayed slim, but investors crowded into firearms stocks for a second straight session. Amid President Obama’s new policies unveiled Tuesday aimed to curb gun violence in the U.S., Sturm Ruger (RGR) stormed to a new high of 66.93. The stock gapped up at the open and rose 4.03 to 65.42. Volume was running nine times usual levels. Sturm has formed a four-month cup with handle with a 61.47 buy point. On Monday, the stock
Source : Investors.com