Rite Aid up 35% in Two Months
On February 7th we had a post on RAD noting it was working on a break-out of 15 year resistance. We also noted the stock’s industry group had favorable technical appearances as well. We suggested the following in the post…
Industry About to Deliver a Dose of Pain or Gain?
Ratio of the DJ Drug Retailer Index vs. SPX below. Continue to believe this ascending triangle pattern is of the bullish variety (typically is) and that this group is about to break-out and sustainably out-perform the market. Individually, here are…...