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BioTelemetry, Inc. Message Board

  • thetechtraderca thetechtraderca Jun 26, 2013 11:59 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on Symbol at TheTechTrader site noting: CardioNet, Inc. (BEAT) had a pretty good day, closing at 5.86, up 53 cents, or 10%. It has a very long-line pattern and a tightening coil, it popped, consolidated for four days, and then the real volume came in at the breakaway gap. At the time we were looking for 6 1/2-3/4, and it was at 6.33, and it pulled back down. The last few sessions it had a kind of pullback-channel, and on Tuesday, it snapped back again. The volume was 865,900, which wasn’t great, but maybe it will pick up as it approaches a retest of the 6.33 area. The short-term target is 7.

 
BEAT
8.15+0.14(+1.75%)May 1 4:00 PMEDT