Toymaker Spin Master (TOY.TO) recently embarked on a new upswing within the Green Favored Zone of the SIA S&P/TSX Composite Index Report. Yesterday it finished in 17th place, up 10 spots on the day. Since we last mentioned Spin Master in the March 3rd issue of the Daily Stock Report, the shares are up $36.01.
A major breakout is underway in Spin Master (TOY.TO) shares, which cleared $46.00 for the first time since 2018. This move signals the start of a new upleg and confirms that the uptrend which started with the snapping of a downtrend line back in March continues.