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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Jun 6 11:01 AM EST

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To: Joe who wrote (2615)7/7/1999 1:49:00 PM
From: gcrieff  Read Replies (1) of 4140
 
from wallstreetcity

Sunrise Tech Breaks Out to New High
by Paul A. Alvim
Managing Editor

Sunrise Technologies (SNRS), a laser systems manufacturer serving the eye care industry, has broken above major $14-$15 resistance on heavy volume. The stock, which appeared on the 10:42 A.M. CDT ProSearch run of Stocks Breaking Out to New 52-week Highs, is up $1 5/8 to $16 on 2.7 million shares, or 269% of its 30-day average volume. SNRS has risen within a steep uptrend over the past two weeks and momentum should continue to drive the stock higher. Today's breakout is significant in that the stock has broken major all-time high resistance on the largest volume spike of the year. Look for the $15 area to serve as strong support.
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