The Traderszone Network

Published in TZ Latest News 4 September, 2014 by The TZ Newswire Staff

Christopher & Banks, Methode Break Out To New Highs

A retailer and a maker of electronic parts staged powerful breakouts to new highs Thursday even as the overall market faded. Thinly traded Methode Electronics (MEI), which makes electro-mechanical parts for the aerospace, auto and other markets, jumped 5.46, or 16%, to 39.72. It cleared a 38.67 buy point in huge volume following a strong quarterly earnings report.

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