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SCMP b/o from HTF, 5th appearance on CYT Shooting Stars
Stocks which make big gains on heavy volume point to institutional activity and are therefore worthy of our attention! ChartYourTrade’s “Shooting Stars” are the top 3 stocks that advanced the most on heavy volume from our current UNIVERSE list.
On 1/26, all 3 names appearing on "Shooting Stars" were from the Medical Sector.
SCMP recently broke out of a 1st stage high tight flag. Since breaking out, it has received support along the 10ema. This is its 5th appearance on Shooting Stars in about a month. When stocks make big gains on huge volume ESPECIALLY while they are basing, its worth taking notice and SCMP is a prime example why.
Check out the other names appearing on the 1/26 edition of ChartYourTrade's Shooting Stars here: chartyourtrade.com/2015/01/shooting-stars-01262015-lci-pcyc-scmp/
On 1/26, all 3 names appearing on "Shooting Stars" were from the Medical Sector.
SCMP recently broke out of a 1st stage high tight flag. Since breaking out, it has received support along the 10ema. This is its 5th appearance on Shooting Stars in about a month. When stocks make big gains on huge volume ESPECIALLY while they are basing, its worth taking notice and SCMP is a prime example why.
Check out the other names appearing on the 1/26 edition of ChartYourTrade's Shooting Stars here: chartyourtrade.com/2015/01/shooting-stars-01262015-lci-pcyc-scmp/
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