Fastenal (FAST) Moves Above Key Resistance Point on Volume Following Q3 EPS

October 11, 2012 10:57 AM EDT Send to a Friend
Fastenal Co (NASDAQ: FAST) keeps ripping higher following third-quarter results out this morning. EPS was 37 cents, in-line with views.

More notably, shares are moving strong above the $45 resistance level, where Fastenal has had trouble moving above since dropping below the level last May.

Shares are 10.4 percent higher Thursday.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Momentum Movers, Technicals, Trader Talk

Add Your Comment