jmalone1224
Long

Not for the weak-hearted

BATS:KIPS   None
93 1 0
There's been a lot of chatter surrounding St             Judes Medical as of late and, to play on that, $KIPS looks primed and ready to reverse trend and head higher. There is a RedChip conference/event this Wed.+Thurs. in which the keynote speaker/presenter will be founder of $KIPS (same person/founder of St             Judes as well, wink*) Mr. Villafana.
- Clear line of downward force in place for quite some time now. BUT! This is the first time in which the trendline has been breached, stayed above, confirmed, has long-biased trades above and has RSI confirming the move, all at once. Also, notice the volume as of lately for this security... Has been at or above avg             . volume . Not to mention the MA200 just curled up (what?!) and it has just gotten above the MA50 with a Bullish crossover of the MA8 & MA50. AND! The Boll. Bands just curled open with the price trending towards the upper band (left BB's out so the chart wouldn't be a mess).
I'm feeling good about this one. Short-Medium term = 1.00 and Longer-term = 1.40. Significant reward/risk set up with tight money management stops. (Not an RIA. JMHO)

Make Your Own Luck - Happy Trading
I got stopped out of this one, but it's still trending upwards. Guess it just needed more consolidation time
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