charts & quotes
- finviz.com
- stubby’s notable screen criteria is based on technical & fundamental parameters.
ranked table of highs
No.1 rank chart and commentary
- based on my screening criteria, neither of these 2 stocks would have made the notables were it a normal day on wall street. BIIB & JPM did not close above the previous 52wk (or all time high if that is the case.) not much was normal on wall street today. more on that in another post.
- having said that, these 2 stocks did hold up rather well considering the extreme selling pressure on the market as a whole. a look at BIIB’s chart and what jumps out MA divergence is around 52 wk highs. this leaves BIIB somewhat vulnerable to additional selling pressure if investors and traders decide in the next few days it’s time to take profits. we’ll just have to wait and see.
- so i have no plans to get into BIIB at the moment. it might be wise to consider taking some profits before the street forces the trade. my status on BIIB would be SELL some if profits are high and hold otherwise. i’d like to see MACD come in and revert to mean some.
Stubby Brown's WS Finance 