Options In Focus: American Superconductor
Posted on December 09, 2009 at 17:32 PM EST
Highly ranked American Superconductor (AMSC) is seeing a second session of heavy option action, as shares follow-through on Tuesday’s high volume breakout attempt. That day, shares burst above a slightly short handle constructed within a base-on-base pattern of more than four months in length. Wednesday’s thrust and continued above-normal participation by stock bulls found AMSC muscling its way to a test of base highs and its best levels in more