Double Trouble update
Out of the list below, IGLD appeared in scans few days ago and was better buy candidate that day. OMCL and POZN are next based on number of 65 day weakness. OMCL is also a member of IBD 200 for sometime.
IGLD,Internet Gold-Golden (Google Yahoo Earnings Chart)
OMCL,Omnicell Inc (Google Yahoo Earnings Chart)
POZN,Pozen Incorporated (Google Yahoo Earnings Chart)
SYNL,Synalloy Corp (Google Yahoo Earnings Chart)
2 comments:
Can you please clarify what you mean by "number of 65 day weakness" for POZN and OMCL? Are you looking for weakness in these stocks for the past 65 days to enter or are you saying the stocks have traded flat/ been weak for the past 65 days and so it is safe to enter? For ex, POZN has traded between 17.06 and 13.62 during the past 65 days, with 13.62 as recently as 2 days back. Hence I am assuming you feel it is ready for a break out and hence safe to enter?
100 * ((C1 + .01) - ( MINC65.1 + .01)) / (MINC65.1 + .01)
Stocks ranked by the 65 day growth as of yesterday. Preferable to take the one with lower rank as they might be starting fresh leg up. So one is finding a short term (65 days) weakness in long term (260 days) strengthy to enter.
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