CRL has achieved a technical breakout: its accumulation/distribution line and its price are both breaking through with impressive trading volume, and on a relative basis CRL is one of the strongest performing biotech stocks right now; the setup looks good.
Bullish
“The Setup for a Year End Rally Is Getting Stronger”
StockCharts TVPublished Oct 22 · 1 passage
Jump to any passage
1 passage
Charles River Labs, that's another stock. He has just achieved a breakthrough. This is in the healthcare sector. It's a stock in the biotechnology sector. Look at the accumulation and distribution line as it makes a breakthrough.
The price movement is also breaking through. Impressive trading volume. On a relative basis, CRL stock is one of the strongest performing biotechnology stocks at the moment . This looks good.