Recommended Reading

Google Search

Google
 
Charts courtesy of stockcharts.com

Tuesday, December 23, 2008

ROCM


Not heavily traded, it got low volume on today's breakout, but still managed to close one penny over the breakout point. Notice that CMF has been in a steady decline since August, although it is showing some signs of reversal. As I have pointed out before, when a sector's lagging stocks start staging breakouts and reaching new highs, it usually means the sectors move is almost over. Watch the leading medical stocks carefully for signs of topping.

No comments:

Google Analytics