Andrew (ANDW) & Powerwave (PWAV)

A nice report from Andrew Corp. (ANDW) has sent the stock to its highs of the year in a nice looking breakout after a multi-month consolidation/base building phase. If you're a technical trader, this stock is hard to ignore, especially given the high amount of money flow going into these types of plays. Another one to take a look at now is Powerwave Tech (PWAV) which is a stock I've traded off and on for the past year. But, saying this, I'm not recommending that you chase into either with the rest of the sheep. Only that both merit a position on your watch list, especially in a harsh correction.