Masco Tests Key Level

Masco (MAS) got a big jolt from Wednesday's bond rally as the building-materials company's shares surged more than 4% on high volume late in the day. Today, the stock tested a key level early but pulled back from its closing price of $22.38 in midday trading.

In May, following a healthy rally off the April lows, MAS stalled near the $22.80 level. The stock left back-to-back weekly highs before suffering a deep sell-off the next month. Masco is testing this supply zone again, and it may be a bit extended to power past it....198 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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