Friday, October 24, 2014

Mimedx Group - Buy Signals

Today I added Mimedx Group (MDXG) to the Barchart Van Meerten Speculative portfolio for positive price momentum:


Brachart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above the 20, 50 and 100 day moving averages
  • 8 new highs and up 25.14% in the last month
  • Relative Strength Index 70.55%
  • Barchart computes a technical support level at 8.82
  • Recently traded at 9.05 with a 50 day moving average of 7.37


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