FormFactor, Inc. (Nasdaq: FORM ) - Breakout

[acinvestor]

Breaks out of channel and crossed both 50 and 200 day SMA. MACD and STO good. This company has no debt and about $333.2 million of cash, so they have about $6.58 a share in cash. I love the risk/reward so long as it holds above the $8.50 area and expect to see another upside move very soon.

 

[acinvestor]

Volume picked up to the upside. FORM unusual call option activity set up for a breakout.