TradingStatistics
Short

MED: Sort opportunity

NYSE:MED   MEDIFAST INC
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An intraday high potential, Back Tested Sort Analysis.

We ll try to enter into the correction of the uptrend movement tracking trend oscillators as below:
Price is likely to move within the parallel channel having the potential to break it down.
CCI triple top divergence breaking down the zero level.
OBV breaking down supporting trendline


DETAILS ON THE CHART

NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
Apr 23
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