Are you a technical investor? If so, it may be time to consider Quidel Corporation (QDEL) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for QDEL.
This trend may have already begun, as shares of QDEL have moved by higher by 28.7% in just the past month. Plus, QDEL has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Quidel Corporation has plenty of life left.