Articles tagged with MEDP

Waiting Patiently For Gaps To Be Tested
Earnings Beats Digest

In Tuesday's DMR, I provided a half dozen examples of earnings gaps and how, in many instances, the top of the gap will provide the key support during pullbacks. If you want to look at charts, check out MEDP and CALX as two perfect examples. Both of these stocks saw their gap support tested rather quickly. Sometimes, gaps will be tested much later, possibly weeks after the gap prints. Catalyst Pharmaceuticals (CPRX) is an example of having to wait weeks for gap support to be tested. Check this out:...keep reading