Masco on the Move

Masco (MAS) is moving well today. The building-materials company is up about 2.5% in recent trading after a gap-higher open. The basing action during the second half of August has laid the groundwork for a nice rally. Last week, MAS put in fresh six-month lows by a fraction. The stock rebounded sharply on the Aug. 29 to finish with a key upside reversal. With the addition of today's gain, MAS is now up more than 7% from its late-August low. The lower band of the stock's six-month range has held again.

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