Chart Courtesy of Mastertrader.com
Industry: Bldg&Construct -Misc Closing Price: 8.68 P/E: 21.5 Avg. Vol.: 465K
Company Profile: Dycom Industries, Inc. provides engineering, construction, and maintenance services to telecomm providers in the United States. In addition to its primary services, the Company performs underground utility locating and electric utility contracting services. Dycom also provides services related to the installation of integrated voice, data, and video networks in office buildings.
Chart Setup: Breakout
Trading Strategy: We'll look to buy DY if it trades above 8.84 Place a protective stop under 8.44 Target 1: $9.50
SPW Update: LIZ was a valid entry and is open.
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