The Traderszone Network

Published in TZ Latest News 4 November, 2014 by The TZ Newswire Staff

Akorn Carves Out Rare Short-Stroke Pattern

Many stocks featured in the Stock Spotlight are extended from recent base breakouts. These stocks can be frustrating for growth investors looking to deploy capital, but should an investor ignore them? Not if the charts shape a follow-on entry. Generic-drug maker Akorn (AKRX) has set up a rare short-stroke pattern. The pattern forms quickly, in only two weeks, and should be spotted using a weekly chart.

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