[isatrader]

I hope no one minds if I post here, but UK thread seems more appropriate than the US one.

It is worth looking at the European cement producers, Lafage (LG.PA) , Heidelburg Cement (HEI.DE), Holcim (HOLN.VX)* & Italcementi (ITR.MI).

All breaking out, Italcementi first, then the other 3 Friday.

* Not sure which exchange.

Hi pcabc, it's an interesting group and could be worth you doing further investigations into them. I've attached the weekly charts to help you compare them to each other and a few notes below:

ITR has been in Stage 2 for a year an half and so there's a risk that the volume surge recently and parabolic move could be an end of Stage 2 move. So, you need to monitor it's next significant pullback towards it's 10 week MA imo and see how it reacts. Of the other three the least extended are LG and HEI which are just making Stage 2 continuation moves from long consolidation bases. LG had the best relative volume on it's breakout of those two, and HOLN is short term extended and so would be prudent to wait for a pullback.