Today medical stocks like HMI and SingMedical had a good run up. Tallmed had been consolidating 0.74-0.77 since it went ex-bonus on 28 Apr. Today there is a unusual volume surge that could signal the start of a long awaited rebound. Talkmed remains a good healthcare play bouyed by long term demand for oncology specialist services. It could be headed for the next resistance at 0.83. If it can hold above 0.835, it could head for its next target at 0.90
All posts and charts are for educational and illustration purposes only
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