marketinsider
Historically, $22.50 is a very significant level for ATRC. It was former resistance at the beginning of 2014 and end of 2015, and is currently support for the current rally upward. We have already bounced off that level and the most likely outcome is the trend continuing upward to a target of $26.32. Here's the trade: Buy: $23.45 Stop: $22.50 Target: $26.32
Enzo Biochem has been in a strong uptrend since mid-2015 and has solid fundamentals to boot. More recently, the stock has been digesting its big gains in a consolidation flag pattern and is poised to break out to the upside within the next week or two. We want to be long ENZ, **IF AND ONLY IF** it breaks the upper resistance line of the flag pattern. Our short...
This stock has been an absolute monster, raking in over 40% returns since December of last year. It has now reached a decision point where former support meets the lower trendline, which should both push the stock even higher. Add to that a bullish RSI reading and we've got a great risk vs reward setup. Here's the trade: LONG: above $60.25 STOP: $59.50 TARGET: $65