MSI our Free Stock Pick for Wed Feb 15th 2012  

Motorola (MSI) over the last 3 1/2 months has been consolidating its big run-up from mid-August to the end of October. During this consolidation the stock has made higher lows, and in the last two weeks has run-up towards resistance in the 48 area.

A move above 48.15 would confirm the breakout and could lead to 48.95 initially and then 50.20, our secondary target. Stop loss would be 47.05.

Sinisa Persich is a technical analyst and author of TraderHR (www.traderhr.com), featuring his daily, small-cap, swing trade set-ups for yielding profits in both up and down markets. Sign up for a Free 15-Day Trial!