Here’s A Good Combination For Longs
Combining an oversold broader
market with a high quality issue–one
that sports both strong technicals and fundamental is one way to stack the odds
in your favor when looking for potential long candidates.
09:32:28
Daily/Swing Chart Setup
Serologics (SERO),
from TMs Intermediate-Term
Report is attempting to clear daily chart handle resistance in the early
going. Listed triggers from the report, based on .10 plus pivots are set between
19.07 and 19.39. SERO is up .34 at 19.10.
09:42:18
Intraday Update Alert
Serologics (SERO)
has thrust higher in the opening minutes, taking out daily chart triggers in the
process. With the stock now up .81 at 19.60, continuation longs thru the
consolidation 15-minute highs are set at 19.81.
It’s never easy to pull the trigger in my book,
but SERO seemed a pretty logical choice in today’s trade.
Chris Tyler