URS

IBD recommended stock.  a good chart from TA point of view.

URS pulled into a steep correction, a bottoming base, in the autumn (Point 1). This happened along with the severe bear market, although URS downward trend had begun in 2007.

It rallied up from the bottom and pulled into a new cup-shaped pattern (Point 2).

It now appears to be forming an awkward high handle (Point 3).

If URS rises above its current level of price resistance at about 45, you’d want to see heavier-than-normal volume, a signal institutional investors are jumping in.