Thursday, September 2, 2010

EW Breakout

Today I have received a flurry of alerts from my watchlist and current holdings. I already posted about JKS and here is an update on Edwards Lifesciences as it is breaking out. Ideally it will move higher until it reaches overbought conditions (RSI > 70) and then establish a new range between 59.30 and, say, 63.00. But who knows what will happen.

This is one of my longest holdings and I am not adding to my position.



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