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Dick's Sets Up Again After April Breakout.(B)(NYSE STOCKS IN THE NEWS)

Investor's Business Daily

| June 02, 2003 | Keri, Jonah | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Jonah Keri

If you're watching a stock that's been in a base for several months and hasn't yet broken out during the new bull market, ask yourself this: What's it waiting for? The market's leading stocks have long since run out of their bases and nabbed solid gains. Those still left in old bases will likely have low Relative Price Strength Ratings, having been lapped by faster-moving peers.

To find strong stocks setting up, look for those that broke out awhile ago and are now setting up in second-stage bases. Friday's WebLink highlighted Nasdaq-traded United Online as that kind of stock.

In this space, we'll look at ...

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