Like other stalk candidates we suggest, MDRX is positively structured on higher timeframes. We especially like this setup on the daily chart because the price action is forming a wedge which generally resolves in the direction of the trend coming into the wedge’s formation and does so fairly dramatically. Further, there’s a “go, no go” rising trendline which offers a clear line in the sand for stop purposes. Finally, MDRX is already resuming an uptrend after closing a previous gap to the upside. We would stalk the stock for long entries as long as price is inside the wedge. If a long is taken, we would use a break of the rising trendline or the recent swing low at $15.51 for stop loss placement.