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HSP breaks above 2010 resistance

HSP is a stock which cropped up on my stock scan at the weekend. It has appeared before but wasn't of interest to me until it clearly broke the 2010 pivot high of $60.49.

The move in December 2014 could well have been a head fake but the hammer/reversal candle on 6th January suggested a continued move to the upside. The resistance-turned-support was almost retested again a a few days later but since then there has been a run of 6 consecutive bullish bars.

Overall HSP has been in a bull trend since early 2013 and has now clearly broken the 2010 high. A more recent trend developed, on the daily, in early November 2014.

I will wait for the trend to become more established (and for earnings to be released on 11th February) but one for my bullish watchlist.