SR618

ESRX - buy zone?

NASDAQ:ESRX   None
1
Pullback
Status: watching with skepticism

Technicals:
Horizontal S&R: yes
Channel S&R: yes
MA S&R: 50 & 200 daily
Pearson's R >= 85: ok
Price within Fib Ret..62: ok

Stochastic turn/crossover above 80%: ok
AO pullback >0<1.38: ok

Fundamentals:
Next Earnings date: 10/22/2014
IBD EPS Rating: 80 good
IBD SMR Rating: D very bad
13F shares % change: -4%

competitors: ctrx

At first glance i liked the chart, but on further review I'm more skeptical of ESRX bouncing from this area. Maybe, my view has changed after noticing all the 3 gaps that occurred between $67- $70, or maybe it is it showed relative weakness on Friday (9/26) when the overall market was strong. Looking at the fundamentals didn't help either. ESRX has has IBD composite rating of 62.

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