October 17, 2012 at 18:11 PM EDT
Car Parts Seller LKQ Hits New High, Stays In Buy Zone
Highly rated auto parts distributor LKQ Corp. (LKQ) claimed a spot on the new highs list Wednesday, as the stock jumped 2% in big volume and touched an all-time peak. This week, the stock has been working on moving past a 20.11 buy point from a flat base. It closed above that trigger Monday, but volume was slightly below the level that you prefer to see on a breakout. Daily turnover came in 19% above average on Monday, rather than the 40% or more
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