THU 9/10: MD — High-Ranked Medical Services Stock Breaking Out to New All-Time Highs

James F. Taulman
James F. Taulman
James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system. •

10:20 AM – Picked up a 1/3 position in this Medical Services stock as it sports very high overall rankings, is part of a leading industry group ranked 5th, and is clearly breaking above its previous highs with an increase in volume. The combination of strong rankings, industry group leadership, a breakout to new all-time highs, and increased volume gives me enough bullish technical evidence to initiate a position.

James’ Trader’s Tip: Look for Leadership Confirmed by Price and Volume

  • Stocks breaking into new all-time highs are demonstrating clear price strength.

  • Strength within a leading industry group adds another positive characteristic.

  • Increased volume helps confirm that there is meaningful demand behind the breakout.

https://buyingbreakouts.com/thu-9-10-md-high-ranked-medical-services-stock-breaking-out-to-new-all-time-highs/

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