3 Stocks at Trendline Support (MDVN, BFIN, DENN)
The stocks in question are Medivation (MDVN), BankFinancial (BFIN), and Denny's (DENN).
A trend line is a bounding line for the price movement of a stock. A support trend line is formed when a securities price decreases and then rebounds at a pivot point that aligns with at least two previous support pivot points.
Check out these beautiful charts:
Over the past 12 months Medivation Inc (MDVN) shares have traded between $7.97 and its 52-week high of $58.83. Medivation new prostate cancer drug Xtandi just received early approval by the FDA. The analysts believe Xtandi will become the market leader for treating prostate cancer.
BankFinancial Corp (BFIN) shares have traded between $5.25 and its 52-week high of $9.24 over the past 12 months.
Denny's Corp (DENN) shares have traded between $3.10 and $5.24 over the past 52 weeks. Denny's Corp shares are now trading with a P/E Ratio of 4.4 and EPS of 1.13.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- "HY Primary Markets Are All But Shut" - What Keeps BofA's Junk Bond Analyst Up At Night | ZeroHedge
- Hyperinflating Venezuela Used 36 Boeing 747 Cargo Planes To Deliver Its Worthless Bank Notes | ZeroHedge
- Closing In: Russia, Iran, Assad "Encircle" Syria's Largest City As Peace Talks Collapse In Geneva | ZeroHedge
- The Mad Stewards of Gondor | Financial Sense
- Market Recap Feb 5, 2016 | FundMyMutualFund
- Gold to Beat Stocks? | Financial Sense
- What Kind of Power Will China Become? | Financial Sense
The most relevant financial news and articles from the Internets
- THE WIRELESS... | Business Insider
- A YouTube conspiracy theorist thinks there's a laptop hidden in this... | Business Insider
- Younger guys are flocking to this shocking hair trend that makes them... | Business Insider
- The NFL took over downtown San Francisco this week — here's... | Business Insider
- Taylor Swift is making her own mobile game with the company behind Kim... | Business Insider
- 12 successful people share their best productivity hacks... | Business Insider
- O.J. Simpson's hypothetical murder memoir 'If I Did It'... | Business Insider