(This post was last modified: 2015-06-22, 10:37 PM by pcabc.)
RE: US Stocks - Watchlist and Discussion (Premium)
CAG, a gap up:
RPM - not strictly Weinstein, looks like it is potentially going to make a continuation. Volume drying up remarkably:
(2015-06-22, 05:37 PM)shaunattwood Wrote: Big Pharma buyouts are set to be at a record level this year. With that in mind, I've looked at the graphs and come up with five possible candidates based on price and volume action. Any thoughts on the symbols below please?
AMPH, ZTS, MDSO, MYL, PRGO
My likely non-optimal view.
AMPH, I'd assume it should have been snagged at the start of the month when it broke above 16.
ZTS, to me late in the day. Run up from 32 to 50. Relative stength nice but not seeing the volume.
MDSO, new stage 1 base? This is exactly the sort of thing I buy too early...
PRGO, very interesgting. I'm rubbish at guessing the bottoms of pullbacks.
TXMD may also be worth a look. I'm wondering though about caution regarding market breadth - is now the time. I'm bad at holding back.
(2015-06-22, 09:49 PM)pcabc Wrote: TXMD may also be worth a look. I'm wondering though about caution regarding market breadth - is now the time. I'm bad at holding back.
Add BRMN, NMC.L (healthcare - hospitals not biotech)
Something significant has happened with WMB, up over 25%, nearly breaking out: