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TRW Continues to Run

By Gary Morrow

About this article:
Auto-parts maker TRW Automotive is one of the top percentage gainers on the NYSE today. The stock is up more than 10% after blowing past its August highs shortly after the open. TRW Daily (NYSE) -- TRW Automotive Holdings Source: TradeStation The ramp today extends a huge run for the stock that has pushed it 40% higher over the last six sessions. Last Wednesday TRW reported its third-quarter results, sparking a high-volume breakout. The stock finished the day with a 7.5% jump that lifted it above its 50-day moving average as well as heavy trend-line resistance. With the help of upgrades from KeyBanc and Goldman, TRW added to the powerful breakout on Thursday. TRW Weekly (NYSE) -- TRW Automotive Holdings Source: TradeStation TRW is now...

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