MDRX gaps down on earningsMDRX has been in a messy downtrend for a few weeks so Friday's gap down, on the earnings announcements, did not come as a surprise.
As volume was also up there is a good probability that the bear move will continue. However, because the trend is not very neat and because there is support at $8.84 this is a near-term shorting opportunity only. That still gives a potential 216 point move, provide the gap doesn't get filled.
200dma
THG gaps up for short term opportunityTHG is not a great trending stock but yesterday's gap up on the daily chart offers a possible short term opportunity.
This stock may continue its general move to the upside but it is too erratic (at present) to trade with confidence for the long term. Price has dropped below the daily 200ma on several occasions recently, which prevents it being a good trend.
However, there is no reason that the bullish move shouldn't continues over the next few days. Beware that profits could be limited as there are the highs of 2000 ($74.25) and 1998 ($75.25) as possible resistances to contend with, as well as the figure 70.
Momentum Stocks keep making new highs = BULLISH SIGNALMomentum stocks keep making new highs. Triquint broke out after eps w/volume weeks after testing 200DMA Benchmark. Technically $27 is price target
Lovin this LREP Risk/Reward is perfectIf 200DMA is violated then we closed position with MINIMUM LOSS. 200dma CROSSOVER is one of the best long set ups & this one has the fuel of strong EPS
EUR/HUF LONG TRADERSI ABOVE 50 + MACD CROSSOVER + TESTED TRENDLINE + BROKEN SHORT TRENDLINE + FIGHTING 200DMA. IF 200DMA IS VIOLATED A NICE LONG TRADE MIGHT TAKE PLACE
