August double bottom time to buy
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Created by gnomeray
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Date updated:08-20-2008
I beleive the market has made a double bottom and will head higher for at least a few weeks
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MDCO
The Medicines Com - $7.67
- -2.91%
- $7.74
New monthly highs out of a year of consilidation
-
PRXL
Parexel Internati - $11.90
- -1.82%
- $11.94
Nice cup, may form handle, but should continue higher
-
SBAC
Sba Communication - $29.93
- +1.46%
- $29.36
Ugly pattern, but new 52 week high with little pullback.
-
BAX
Baxter Intl Inc - $55.12
- +0.51%
- $54.68
recent breakout from base, should be short pullback
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SQNM
Sequenom - $3.21
- 0.00%
- $N/A
Possible high, tight flag
-
COV
Covidien Plc - $44.05
- 0.00%
- $N/A
cup with handle, and new issue.
-
GMXR
Gmx Resources - $12.21
- -2.24%
- $12.38
Huge pullback with recent buying, short term play with target of $70.
-
JBL
Jabil Circuit Inc - $14.29
- +0.35%
- $14.05
Good recent price action, forming short cup with handle
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