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Thursday, March 26, 2015

Red Hat, Signet Top Buy Points En Route To New Highs



Investor's Business Daily - Investing RSS http://ift.tt/1HNwjcS Red Hat (RHT) and Signet Jewelers (SIG) paced a short new-highs list Thursday, breaking out above buy points in heavy volume following strong quarterly earnings reports. Red Hat gapped up and soared 6.91 -- 10% -- to 75.36, clearing a 70.65 cup-with-handle buy point in the highest volume since the base started forming. The software maker reported on Wednesday that its profit for the latest quarter rose 10% to 43 cents a share, beating Wall Street


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