NSH is one that I flagged back on February 18th (can click on the NSH label to see that post). I think this one can run up to $25. I plan to set my stop just under $20. That would give us upside of about 4 to 1 if you can buy it at around $21.
MNRO is part of the red hot auto parts sector. I really like the breakout over $26 with the big volume and I plan on setting my stop just below $26. I would love to pick this one up at $27. I don’t have an absolute price target but I think it would be appropriate to move my stop up if it runs to $31/32 (based on the distance from the bottom at $21.5 to $26).
More on this topic
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(MNRO) Monro Muffler Brake Inc. – Estimates Holding Steady
(Stock Blog Hub, 10/12/09)
Keep Your Portfolio Chugging Along With Monro Muffler (NASDAQ:MNRO)
(Jutia Group, 12/18/09)
(MNRO) Monro Muffler Brake – Third Quarter Reports Sales Rise 29%
(Stock Blog Hub, 2/16/10)
At Monro, they won't give you a brake, but they'll sell you one
(Blogging Stocks, 3/27/09)
