[Amedee]

Another one for the watchlist: XLRN
I was going through some stock queries on the P&F site of Tom Dorsey and came along XLRN (sector Drugs).
The filter was set for favored sectors + large base stocks + price $10 - $500 + weekly momentum between 0 and 3 weeks positive (on average, weekly momentum lasts positive or negative during 7 weeks).
+ Favored sector
+ RS trend positive
+ Weekly momentum 3 weeks positive
- Monthly momentum 6 months positive
+ The Reward to risk is 2.37 to 8, depending on the calculation (I love to have the RR above 3).
+ Initial risk to stop loss is 10%
+ P&F Triple top breakout
+ Stage 2a or 2b?
Any other thougths?

Some charts see this padlet: http://padlet.com/Amedee/5214bepuenhb