ABMD seems to be wanting to breakout of the resistance trendline and has multiple indications of demark exhaustion counts on the weekly chart (not shown here). Good risk/reward for a long here.
Comment:
1st May 2020 - Despite the fact that ABMD is down today, this idea has returned 11% so far.
Comment:
7th May 2020 - 15% return so far on this one
Comment:
11th May 2020 - ABMD has moved higher today bringing the ROI of this trade to 19.50%
Trade closed: target reached:
21st May 2020 - closing ABMD here for a return of 20%