Tex Mex restauranteur CHUY may have a continuation pocket pivot if it can trade 203,900 shares. Given time of day, it most likely will trade beyond this level. We reported on this stock on January 25. Earnings are skyrocketing. Keep in mind this is a very thin stock so position size accordingly. That said, we are in a small cap favorable environment as the Russell 2000 has been outperforming for the last few months. With less perceived risk due to quantitative easing and the Fiscal Cliff tax issue largely behind us, money seems to be favoring small caps.
PPR - CHUY 2/8/13
|Published:||8 Feb 2013 15:34 ET|
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