SXC Health Solutions
SXC Health Solutions (SXCI) is a provider of pharmacy benefit management services and healthcare information technology solutions. This stock is trading up 6.1% at $67.41 in recent trading.
Today's Volume: 780,000Average Volume: 345,272 Volume % Change: 267% Shares of SCXI are ripping to the upside today after the company said its net income soared by 61% in the fourth quarter as both pharmacy benefit management and health care information technology revenue improved. From a technical perspective, SXCI has started to flirt with a major breakout trade today since the stock has started to move above some overhead resistance levels at $65.95 to $66.40 with heavy volume. Market players should now watch for a sustained high-volume move and close above those levels to signal that SXCI wants to trend much higher. If we get that action today, then look for SXCI to make a run at $70 to $75 in the near future. Follow @stockpickr