Ready Mix, Inc. (AMEX:RMX) Up. But Not Yet Breaking Out

Ready Mix, Inc. (AMEX: RMX) is coming in as one of the day’s biggest winners, with its 7.3% jump. Investors may want give it some thought before piling on though. The move is nothing we haven’t seen from Ready Mix, Inc. before, and the last several instances have all been followed by lower lows.

The chart is the key. With today’s surge, RMX is testing – but has yet to hurdle – the resistance line that’s been plaguing it since last June. A little more buying volume couldn’t hurt either.