$MED is now extremely oversold with an RSI just above 20. After missing earnings last Friday, what's notable is that traders did buy the dip and we got a green candle on the day. We believe this is a sign that $MED is now too cheap to ignore. $MED is now trading at just 12x earnings and a PEG of 0.62.
Medifast (NYSE:MED) closed down 27% on the heels of its Q3...
I'm watching and find it sitting right at resistance. It does report earning in 3 days and one I'll be watching. A break over the 112.50 is the next bullish task. I also like how the long term downtrend is showing signs of a reversal.
Kaunter ini menarik untuk diperhatikan.
Berdasarkan teknikal
1. Stochastis masih lagi kawasan oversold. Tunggu signal pembelian bila oscilator cross up dan masuk ke kawasan 20-40
2. MACD masih lagi dibawah garisan 0, bermakna masih kekurangan momentum untuk kenaikan. Walaubagai mana pun, bagi yang minat untuk melakukan pembelian awal, boleh memastikan MACD ini...
An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement tracking trend oscillators as below:
Price is likely to move within the parallel channel having the potential to break it down.
CCI triple top divergence breaking down the zero level.
OBV breaking down supporting trendline
DETAILS ON THE CHART...
![MED: [Watchlist] Medifast](https://s3.tradingview.com/w/wFo6zj6D_mid.png "[Watchlist] Medifast")
