Tupperware: Unlikely Market Leader

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Includes: CHKP, FFIV, MVIS, TSCO, TUP, VRX
by: Jeff Pierce

Tupperware (NYSE:TUP) has been on a tear since the market lows rising nearly 4-fold, with no end in sight. Looking at the weekly chart (click to enlarge) you’ll find a chart hitting new 2 year highs with RSI confirming. The daily chart below (click to enlarge) is just as good with higher highs and higher lows, with yesterday being an exceptionally large volume day.

Other stocks that popped up on my scans today are Checkpoint (NASDAQ:CHKP), Microvision (NASDAQ:MVIS), Tractor Supply Co. (NASDAQ:TSCO), Valeant Pharmaceuticals (NYSE:VRX), and F5 Networks (NASDAQ:FFIV). All are market leaders with strong weekly and daily charts.

TUPClick to enlarge

TUPClick to enlarge