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
- Goldman Warns "The Global Economy Is Going Round In (Smaller & Smaller) Circles" | ZeroHedge
- Secret Memo Reveals US Was Aware Of Americans Killing Zimbabwe Lions; Only Concern Was Getting Caught | ZeroHedge
- Market Recap Jul 30, 2015 | FundMyMutualFund
- Ron Paul: "All Wars Are Paid For Through Debasing The Currency" | ZeroHedge
- LinkedOut - Social Media Superstar Enters Bear Market Overnight | ZeroHedge
- The Fed's Bathtub Economics Brigade Blathers On, Part 1 | ZeroHedge
- Dow 5000? Charles Nenner Discusses His Cycle Theory and Predictions for the Market | Financial Sense
The most relevant financial news and articles from the Internets
- Book Review: <em>Thinking, Fast and Slow</em> by Daniel Kahneman | BusinessWeek
- The 29-year-old hacker who was able to take control over GM... | Business Insider
- The 13 most popular apparel brands by age | Business Insider
- US oil rig count rises again (USO, WTI, BHI) | Business Insider
- Parents are taking their kids to Burning Man, and one 11 year old thinks it... | Business Insider
- ... | StreetInsider.com
- GE may be shipping $10 billion worth of work overseas | Business Insider