Good to long Good earnings Price b/o Tight price action and b/o Weekly RSI and Composite Moving Averages are sloping up Goal is about 2.5R (3.5ATR(21EMA)). Risk is about 1.5ATR Risk management is the most important. I am getting my thought process from CANSLIM and Mark Minervini NASDAQ:TCMD
TCMD looking like a buy this week(19.7.2020). Realistically it most likely get bogged down around the 42.00 zone. However, we are seeing bullish volume over the last few days. Its possible that we are ready to work through that zone and go higher. Targets: Target 1: 40.00 Target 2: 42.00 Target 3: 44.50 Target 4: 47.00 (Extreme Target 1) Target 5: 51.00...
A breakout on above average volume on this stock, Top Group and EPS rating from IBD earnings in mid May, The stock is coming out of a cup with a handle Long 35.57 SL 7% Risk on the whole thing is 1% of portfolio
TCMD seems breaking down from an Upward channel, It has Strong Insider selling, Financial ratios are very poor as it has huge 402 E/P & forward P/E 127.7 Looks good for short setup at current price * Trade Criteria * Date First Found- August 2, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $28.49 (Current price) Exit Target...
Technofundamentalism the THE ONLY holy grail of hitting it rich in the stock market. Which also means I like the progress of this medical company.
Thin little IPO setting up for something here. Interesting back over 13.65ish.