STJ – 30 September 2013 – On The Launching Pad

simple trading
Saint Jude Medical, Inc is perched in a Weekly Bull Flag launching pad ready to explode higher. The stock is making its third attempt to push through the mid $50 level and looks likely to get through this time.  An entry at or around these (below $55) levels with an Initial Protective Stop Loss just below $50 looks compelling.

Leave a Reply