Standout Stocks

My Stock of the Day is Ansoft Corp. (ANST)

This is a software company that makes electronic design automation software. The stock has been holding up very well of late, improving its relative strength. It also has been forming a bullish looking chart pattern known as a cup-and-handle.

This formation has been in the works for roughly 8 weeks, a good amount of time for a consolidation. The stock appears poised to break out from these levels soon. It's 52-week high is 28.60. I think any near-term breakout will lead to new highs.

Price/volume activity and money flow has also been very positive.

Other stocks making notable, high-volume moves include:

• GSOL


• TS


• CPA


• MIKR


• GIFI


• CRVL


• UAUA


• ININ


• COO


• OXPS


• ACLI


• ALO


• NCTY


• DIOD


• CSX

long ANST