New Highs Light Up Scoreboard; EverBank Breaks Out
Posted on March 05, 2013 at 18:26 PM EST
Stocks lit up the new-highs scoreboard Tuesday as the market switched back to a confirmed uptrend. The tally for highs was back to bullish levels and the lows faded some. Yet, Tuesday's new highs came in various forms -- some bullish, some not. EverBank (EVER) posted a new high in the best possible way -- a breakout. The stock advanced 77 cents to 16.14 in volume 441% above average. The pattern could be seen as a six-week cup without handle or a