3:31 PM – Picking up a 1/3 position in this Medical-Products company as shares advance from the 10 DMA on a 24% increase in daily volume. The stock also appears capable of closing above the previous high near $23.80, which would provide another bullish technical confirmation.
There has not been much to choose from recently as both the market and individual stocks have remained relatively quiet during this mid-summer stretch following the peak of earnings season. TNDM stands out as one of the more promising opportunities currently showing the type of price-and-volume action that could produce some upside potential.
James’ Trader’s Tip: Selectivity Matters in Quiet Markets
• When fewer stocks are producing quality technical signals, there is no reason to force trades.
• Focus on the names that continue to show clear support, improving volume, and bullish price action.
• Quiet markets reward patience—and make the strongest individual opportunities stand out even more.
https://buyingbreakouts.com/tue-8-18-tndm-buying-1-3-23-49/
Comments
Log in or sign up to join the conversation.