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More Upside for Stericycle ?
Written by Christian Paolinetti   
Tuesday, 22 June 2010 11:35

srcl New York, June 22nd (TradersHuddle.com) - Shares of Stericycle, Inc. (NASDAQ:SRCL) booked a new 52 week high today by trading above $66.12, traders are definitely monitoring Stericycle's price action to see if this move attracts further buying into the stock.

Stericycle, Inc. (NASDAQ:SRCL) provides regulated medical waste management services. The Company offers waste collection, transportation, treatment, and disposal to customers in the United States, Canada, Mexico, Argentina, Chile, the United Kingdom and Ireland.

Stericycle is currently trading 1.42% versus its previous trading session close, and it has calculated support and resistance at $57.00 and $66.12 respectively. Clearly with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range

The overall market index S&P 500 is trading lower by -0.05% from its previous trading close, which means that Stericycle stock is outperforming the overall market.

 
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