Last Post 06/08/2011 06:44 PM by gar.chan (765) . 1 reply.

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05/15/2011 09:23 AM

High Tight Flag
by gar.chan (765) Joined on 05/28/2010 Posts: 66

(I'm at work and Silverlight doesn't work - can't post Chart)

For the stock VRUS (Pharmasset) - do you think this is a flag pattern?

I think this would be a third stage base? depending on when you reset the base counts due to general market correction.

 

fundamentals are horrific, but the industry group is great.

curious to see if the industry group and general market are able to lift this stock past its fundamentals.

 

g

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06/08/2011 06:44 PM

Re: High Tight Flag
by gar.chan (765) Joined on 05/28/2010 Posts: 66

This popped on some good news today, but closed in the lower half of the range.

We'll see where this goes. Market weighing down is not good, besides the fundamentals are the antithesis of IBD quality.

 

g