I like the look of BOY (bodycote)looks like a good trading set up here with a rising trend channel. Manufacturers doing well from figures yesterday aswell.



Longer term chart

Bodycote headline pre-tax profits up 12%
StockMarketWire.com
Bodycote unveils a strong first half performance despite currency headwind and weakened demand in the eurozone economies.

Revenues rose to £301.3m from £288.2m with headline pre-tax profits up 12% at £45.7m.

Net debt fell to £16.7m from £33.7m and basic headline earnings per share fore by 13% to 18.3p.

The interim dividend of 4.0p per share is 11.1% up on last time.

Chief executive Stephen Harris said: "Looking forward into the second half, growth in aerospace and energy together with new technologies, is expected to counteract the effect of slowing economies.

"The board remains confident that the ongoing execution

FTSE 250 movers: Bodycote provides warm glow
Sharecast – 15 hours ago.. .

LONDON (ShareCast) - Investec (EUREX: INVF.EX - news) raised its target price on Bodycote (LSE: BOY.L - news) from 400p to 410p after the world's largest thermal processing services provider bragged of sales momentum in October and thus far in November (Xetra: A0Z24E - news) .

Unhelpful exchange rate fluctuations have put the brakes on revenue growth in the second half of the year, however; in actual terms, revenue in the period from the beginning of July to the end of October was up 2.9%, but at constant exchange rates it was more a far more impressive 7.6%.

Organic growth accounted for 2.6 percentage points on the constant currency revenue growth, with the rest coming from acquisitions

Sold my holding

Anyone have a position in this company. I think it is about to be pushed by one of the best tip sheets! The only thing I do not like is the director share sales.
Opionions anyone???