Nov 5th, 3:12 pm
$PEN Q3 top line beat of $111.8M vs consensus $102M, 33% yoy. Neuro grew 27%. Vascular grew 47%. Raised 2018 guide from $420-25M to $437-38M
Nov 6th, 9:15 am
$PEN Check out this $5 billion innovator in catheter-based stroke treatment. Penumbra could be good tuck-in for $JNJ $MDT or even $EW
Wells Fargo med-tech analyst Larry Biegelsen has been...
The February "flash correction" was 11.8%. This one is barely 11.5%.
What do corrections typically look like from new ATH -- with the economy bustling, wages rising, and a Fed that doesn't want to get behind the inflation curve?
The reason that these corrections go to 15%+ (S&P 2500 min) is because fund and portfolio managers have to re-allocate for the strong...
The chart has my full notes but I'm generally looking for continued volatility that will need to test V-bottom in some way, probably creating some type of inverse H&S if my "$500 Before $100" thesis holds true.
Now that the bullish exuberance has been snapped, Litecoin can see selling all the way down to the 50-day below $200.
Institutional dip buyers, like those that had orders in below $225 for that mini "flash crash," will sell rallies.
It's Buy Thy Dips and Sell Thy Rips until the dust settles for Bitcoin ($12K? $10K?) and sentiment favors long-term buyers.
As fresh note on chart indicates (red text), we are not seeing the type of volume move toward $340 one would have expected.
Is this simply part of the pattern where LTC gets ignored while BTC is surging, and it will rally on the latter's pullback?
Or could this presage further weakness ahead as the bullish interest from Asia and US Coinbase retail has been...
A good 36 hours we've been watching this bullish consolidation structure form with test of $280, a higher low and now buyers to take on $320.
Will we have 3 topping tails on the hourly to send us back down? I'm betting not and staying long from avg $285 after cashing out $80s earlier in week.
Looking for $340-60 area, then new highs.
Only concern is nature of...
It seems the default chart is Bitstamp with no high above $400 like GDAX (Coinbase).
Lots of good chartists with intriguing analysis here and it would probably benefit most of us I believe if we used the same chart.
You can find the LTC/USE Coinbase chart in right favorites menu.