The selective medical stocks went crazy today. From Biolidics, Healthway and Clearbridge, these are the stocks that dominate the Top 30 Volume today with full dominance. The percentage run was incredible and especially Biolidics which I had been blogging and sharing my success with my traders, the stock shot up like 45% today and then encountered a circuit breaker. Impressive run and from the chart, the signs and signals were so dead obvious without much profit taking where the buyers really and I meant truly kept buying higher and higher prices. Good news about the Covid-19 test kids were sent to US for FDA approval and once approved, the stock could be a sell on news? I think this run has to do with buying on rumors at the moment as the virus cases increases daily and everyone wants to buy a piece of a stock which deals with the virus and that's where Biolidics kicked in.
Ronald K - Market Psychologist - A Stock Market Opportunist
