SmoothJB

AZZ

Long
NYSE:AZZ   AZZ Inc.
AZZ Inc (NYSE:AZZ) broke out from a sideways movement with huge volume, creating a significant amount of bullish potential. Looking at the daily technical chart the stock has just entered into a bull market as the stock is on top of the 50-day and the 200-day exponential moving averages. Other technical indicators such as MACD, is back above 0 showing positive momentum. The stock hit a high of $57.62, which is resistance for Monday’s move. Keep it on watch.
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