Tuesday, July 6, 2010

Edwards (EW) and Inergy (NRGP) holding up well

Three of my favorite stocks in the recent uptrend were Edwards (EW), Inergy (NRGP), and of course Medifast (MED). I discussed the weakness in MED several times (e.g., here, and here), so there was ample time to exit with a tidy profit before it entered its current downtrend. The other two stocks continue to make new highs and are currently hovering around all-time highs. Below are guppy multiple moving average charts to show the trend and an ATR-based trailing-stop to show a potential exit level.

Edwards Lifesciences (EW)

Inergy Holdings (NRGP)

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