Negative
Accumulation "PIFFLE" STOCKS THAT MIGHT COLLAPSE NQ DID. 10/27/2013 OUR MODEL FOR A DECLINE:...... Just because a stock is up a lot does not mean it will decline. We want to see distribution and a weaking closing power. We want to see red popsicles on the Tiger candle stock chart. And even then, we must work with buy (to cover) stops both at a new high and when the Closing Power turns up after a test of the 65-dma. See how PRTA turned up just above its 65-dma despite having lots of red popsicles and being over-extrended. See how its Closing Power turned up when it was readt to rally up from 20. Below are the recent big gainers among the stocks up more than 150% in the last 100 days that look the most vulnerable, showing negative Accumulation, red popsicles and a bearish Closing Power divergence. Even these have very evident support levels that may well hold up. So we must watch the Closing Power for hooks back up.. BEAT has key support at 9. A break below that would also break its rising 65-dma. BioTelemetry, Inc. (BEAT) 728 employees
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