VPHM- Medical company that has formed a high, tight flag, after receiving positive news about one of its flagship drugs. It closed mid-bar in today's trade so was not the most convincing close. Still, this is one to keep an eye on. Group rank 15th out of 202 groups. Overall rating 97. Earnings and sales are flagging, but technicals look very strong.
LKQX- Automotive parts manufacturing company that distributes replacement parts. Group rank 5th out of 202 groups. Earnings have accelerated over the last 3 quarters and institutional sponsorship has climbed over the last 3 quarters. LKQX had a gap up on November 30, then correlated with overall market direction since. Given its tightening price/volume pattern, it could outperform the general market should the market head higher.
BIIB- Medical company with group rank 15th out of 202 groups. While its sales and earnings are not huge, its technical pattern is very tight thus one could place a stop at 108.99, which is less than 4% away from today's close.
The general market's choppy trendlessness could continue into 2012 so position size with care.
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2020 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.