Thursday March 18, 2010
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Written by Drew Birenbaum
The stock is clearly in a strong uptrend.
Over the last few months, ISRG often found support at its 20 day moving average line (green line), but when this area failed, prices pulled back to long-term trendline support or the 50 day moving average line (blue) before leaping higher.
Saturday January 16, 2010
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Written by Drew Birenbaum
Chinese stocks have been on fire this year, and although many have pulled back sharply over the last week, there is still plenty of strength in some of these names.
I cannot stress how important it is that you do your own due diligence on these companies.