CEMP Relative Strength

"Danno" Sheehy

Cempra, Inc. (CEMP) was the definition of relative strength yesterday. Please observe the chart below. CEMP has spent 2016 forming the cup & handle formation outlined on the daily chart. Yesterday, the stock nearly broke out of the handle portion of the pattern and closed with a hammer price bar pattern (blue arrow) on strong […]
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"Danno" Sheehy

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