Arctic Cat Inc. (NASDAQ: ACAT)

Arctic Cat, Inc. designs, engineers, manufactures, and markets snowmobiles and all-terrain vehicles under the Arctic Cat brand name. It also provides related parts, garments, and accessories. The company offers accessories consisting of bumpers, cabs, luggage racks, lights, snow plows, backrests, windshields, wheels, track systems, and winch kits; shocks, attachments, and float avalanche airbags; and maintenance supplies, such as oil and fuel additives. In addition, the company provides snowmobile garments for adults and children under the Arcticwear label; and garments for ATV and recreational off-highway vehicle riders under the Arcticwear ATV Gear label, as well as insulated outerwear under the Drift Racing brand name. Its garment portfolio includes jackets, coats, pants, hats, mittens, helmets, boots, sweatshirts, T-shirts, casual wear, suits, gloves, gear bags, and casual sportswear items.

To review Artic's stock, please take a look at the 1-year chart of ACAT (Artic Cat, Inc.) below with my added notations:

ACAT has been trading sideways since the end of July, but running into a $46 resistance (navy) since April. The $46 resistance meets my definition of a clear resistance level that would signify an important 52-week high breakout if ACAT could manage to break above it. IF that were to happen, the stock should probably be heading higher overall. For now, the stock seems to be pulling back to its key level of $40.