Bristow Group, Inc. (BRS) recently surged past a short-term level of resistance just above $35 to hit a new 52-week high at $39.20. Shares of BRS have spent most of the last 9 months trending higher after bottoming out with the market in early March. The long-term trend is still bullish, which should provide support if shares pull back on profit taking or general market weakness. Take a look below.
Monro Muffler Brake Inc. (MNRO) rebounded from a long-term trend line in early December at $28 to rally into the end of the year with a new 52-week high at $32.85. Shares could be a bit over extended in the short-term, but much like BRS, the long-term trend should provide support if shares pull back. Take a look below.
