Station Casinos Inc. (STN +$0.92 or +1.29% to $70.67) continued moving higher after it recently broke out of its 4 month downtrend. Prudent CANSLIM.net investors were introduced to this leading issue on July 2004 in the CANSLIM.net News (read here) as it was emerging from a cup-with-handle type pattern.  During that time this issue has surged over +56%. 

After this monstrous advance on July 28, 2005 this issue placed its near term high and began pulling back.  This stock spent the next 4 months tracing out a new short term downtrend.  After this most recent inevitable pullback the bulls showed up and quickly regained control of this issue on November 3, 2005 when prices broke out of this downtrend.  Since the breakout, this stock has been steadily advancing and the next obstacle that the bulls face is $71.00 and then its record high of $75.07.