New Biotech pick?

Monthly multi-year chart

This stock was passed along to me earlier today from a source that has provided some big biotechnology winners in the past.  It is on a fresh Weekly Trend Buy Signal as well as breaking out from a multi-year saucer pattern shown the chart above.  The missing ingredient is fundamental backdrop to provide propulsion back to the old highs shown on the chart. 

I sent out the Weekly chart and name of the company to the subscription email list earlier today, with the caveat that I haven't finished researching the company, so it was not an official recommendation, not yet, just a heads-up in case it starts running.


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SPX - very short term model: UPDATED

Here is an update to the SPX_30 chart, as of 9:15am PDT:

Below the SPX 30 minute trend model along with the False Bar Stochastic:

What I see here is:

First, an excellent bevy of short-term timing signals generated by this 30 minute trend model; 

Second, the False Bar Stochastic is in "Down Trend" mode, meaning that the apparent Buy signals on the stochastic are ignored, but the Sell signals are very actionable; and

Finally, that 1177 is a key resistance level, at least for the short term and if and when prices approach that level, assuming the FBS confirms,  it may present an opportunity to add to existing positions, or enter, Short.

VXX - Buy signal update

Below a follow-up of the April 28 VXX Buy signal:

VXX Daily Trend Model

Maybe more significant is the Weekly Trend Model, which has been on a Sell signal since May 4, 2009.  Here is the weekly chart:

VXX Weekly Trend Model

All of my stock index models that recently went Short in their Daily Models are now knocking on the Exit door of their respective Weekly Models.  Should those models flip to Short (with VXX flipping Long on its Weekly Model), I will be all-in on the short side.

MMRF

A few months ago I tried to have my medical records sent from one doctor in Arizona to another.  The first doctor had me fill out and sign a medical release form, worthy of a bar exam question.  The doctor's pleasant, yet useless, administrative assistant took my signed medical records release and informed me that it would be at least two weeks before the records would be sent, since they outsource that task to a private company that only comes to work every two weeks.

About a month later I called my new doctor to confirm that the records came and to schedule an appointment.  His administrative assistant informed me that the first doctor sent a copy of my medical release form and nothing else.  No records, no explanation, nothing, just the release I had signed a month earlier.  This is probably the best argument out there to ban handguns and/or assault weapons.

MMR Information Systems - MMRF.

MMR Information Systems, Inc. provides a suite of online personal health records (PHRs) and electronic safe deposit box storage solutions for consumers, healthcare professionals, employers, insurance companies, unions and professional organizations, and affinity groups in the United States. Its solutions enable individuals and families to access their medical records and other documents, such as birth certificates, passports, insurance policies, and wills using the Internet.

The company principally offers MyMedicalRecords PHR system, which transmits and stores documents, images, and voicemail messages in the system using various methods, such as fax, voice, and file upload. It also offers MyESafeDepositBox that provides online storage for financial, legal, and insurance documents, as well as medical records; and MyMedicalRecords Pro, an integrated solution, which enable physician practices to scan, digitize, store, manage, retrieve, and share records with patients through the company managed ‘software as service’ Web application.

The company has a strategic alliance with Chartis to provide electronic personal health records to clients worldwide. MMR Information Systems was founded in 2005 and is headquartered in Los Angeles, California.

 MMRF Daily Trend Model

MMRF Weekly Trend Model

Rather then try to reinvent the wheel with a fundamental analysis of MMRF, here is a link to a comprehensive compilation of facts and figures:  MMRF estimated revenues.

Management is a big feature with MMRF, it's CEO is Robert Lorsch, a mover and shaker who has a long and successful career in bringing innovative concepts to fruition and putting his shareholders on the road to prosperity.

Bob Lorsch, CEO, MMRF

is a Los Angeles entrepreneur and philanthropist. He is Chairman and CEO of The RHL Group, Inc. http://www.rhlgroup.com, a business management and investment-holding corporation with interests in a number of companies. For over 20 years, Mr. Lorsch headed the Lorsch Creative Network, which blended marketing, advertising and interactive sales promotions using enhanced voice services for "blue chip" clients that included the ABC, CBS and NBC television networks, Campbell Soup Company, Procter & Gamble, Taco Bell, McDonalds and others. In 1994, he founded a pre-paid calling card company, SmarTalk TeleServices, Inc. SmarTalk went public in 1996 with a valuation of $57MM, and had a market cap of nearly $1 billion when Mr. Lorsch resigned as CEO in January 1998.

Turning $57M into $1B in two years is a pretty impressive achievement.  With MMRF's market cap currently at $46M, a similar run to $1B would take the current share price of $0.23 to over $4.00.  That doesn't mean it will happen, only that it happened with his former company and could happen to this one.

The more I read about MMRF, the more it appears that they are in the right place at the right time with electronic medical records.  Is it worth $10/month for me to have been able to provide my own records to my new doctor, rather then participate in the song and dance routine of a brazenly incompetent administrative staff at my old doctor?

More fundamentals:

MMRF has working partnerships and or agreements with Kodak, Unis China, Google Health, sanofi-aventis, Nihilent Technologies

MMRF Signs Global contract with Chartis who has 40m clients in 160 countries worldwide;

MMRF predicted MMRPro implementation in China with Unis-Tonghe by 3rd quarter this year;

And this, an MMRF biotechnology kicker:

MMR Information Systems and sanofi-aventis Enter Into Agreement Regarding Anti-CD20 Monoclonal Antibodies

         Impressive Board of Advisors:

Arthur M. Kassel-Chief of Law Enforcement Services,
California State Department of Mental Health
Buzz Aldrin, Ph.D.- NASA Astronaut
Bradley S. O'Leary- Political Strategist, Author and
President, Associated Television News
Richard A. Gephardt- Former House Minority Leader
 Senior Executive, Goldman Sachs
Dr. James L. Spigarelli- CEO and President, Midwest Research Institute
The Honorable Daniel Goldin- Former NASA Administrator
JJ Virgin- Health Correspondent and Nutritionist
C. Rowland Hanson- Executive with Microsoft, Neutrogena, Nautilus and other                 corporations
"Sugar" Ray Leonard
Asa Hutchinson - Former Congressman and Under Secretary, Homeland Security

So there it is, Wave 3 of 3 down market notwithstanding, another speculative paradigm changing technology company. If that $0.23 share price is destined for $4 or higher, the trend models will catch most, if not all of the move.  The fundamental story is there, including a management track record of having done it once already. 

Oh, one more thing.  The CEO, Robert Lorsch, had a neat little blog that discusses anything and everything, here is a snippet from the current post:

Many years ago I ran across the book Illusions by Richard Bach. It’s takes the reader through a journey that teaches the power to manifest results. If you haven’t done so do yourself a favor and read it. The book is filled with teachings that can change your life. It did mine.

One of those teachings is the theme of this blog. “You are never given a wish without also being given the power to make it true. You may have to work for it, however”.

.....And working for it we will do. In the May issue of PharmaVoice there is an article on the meaning of EMR’s to Pharma and Clinical Research Organizations. The story talks about how an EMR can reduce drug trial costs and decrease time to market. What’s really happening is that the voice of the patient now becomes part of the equation. The patient will use a PHR module to record patient feedback to a data set. MMR already offers easy to use patient tools that can talk to virtually any EMR system that might be employed in such trials. That’s why MMR emerges in the article as a cost effective solution to this opportunity. The article signals the opening of another door to the use of our products and services.

I like this one, I like the concept, the business plan, the management and above all, the trend models.  As the market is dropping over 200 points this morning, MMRF is up 7.87% and the Trend Models are making money in both of these trends. So far, so good.

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QQQQ Hourly

QQQQ 60 minute (7, 2.0)

QQQQ 60 minute (7, 4.0)

The above charts show off the trend model with the 2.0 and 4.0 ATR settings. The latter is a wider setting;  fewer, more accurate trades.  The former, 2.0, is still the default setting, nonetheless, in both cases the QQQQ is on a short term Sell signal.  You can see the subtle differences that these respective settings make in trading around the signals and I continue to observe and evaluate my entire list of tradables using both settings, i.e. which one gives a more tradable edge?

Note also the pattern of lower highs and lower lows.  If QQQQ takes out the low from last week @ 48.98,  it may lead to an acceleration lower.


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Beneficiaries of chaos

Geopolitics is all over the map today, between Greece, the European Union, car bombs and oil slicks, the mix appears to be getting quite volatile.  Could one beneficiary of all of this be the precious metals?

Below are the Daily and Weekly Trend Models for SLV, the Silver ETF:

Here is a scary summary and perspective on all of this mayhem from Phil Davis of Phil's Stock World:

Monday Munificence - Greece “Fixed” for “Only” $146Bn, Who’s Next?

By Phil of Phil’s Stock World

Yay, Greece is fixed….  again.

Now we only have to worry about Austria, Belgium, France, Germany, Greece, Hungary, Italy, Ireland, Japan, Netherlands, Portugal and, of course, the UK - who all have WORSE Sovereign Debt to GDP ratios than Spain (who are up next on the "wall of worry" the markets are climbing) while we pretend that the US is in "good" shape because we "only" have $15Tn in debt on a $14Tn economy, which is how we, through the IMF, were able to write Greece a $20Bn check this weekend.  

$146Bn given to Greece is almost 50% of Greece’s ENTIRE $339Bn GDP - now THAT’s a bailout!  Bailing out Spain’s $1.5Bn economy would force us all to dig just a little deeper, despite the lower ratio and bailing out Italy’s (same ratio as Greece) $2.1Tn economy might be a stretch so maybe we can help Belgium first ($470Bn) before we all get together and figure out what we’re going to do about Japan, who have a $5Tn economy that is $10Tn in debt yet somehow has had their bonds marked to fantasy for years. 

16.5% of Japan’s tax revenues currently go to debt service (10% on interest alone) as the government borrows money at an average 1.3% (10-year rate) and you won’t here it from the happy, happy CNBC crew this morning (because Greece is "fixed" and Buffett says GS are REALLY nice guys) but Fitch released a report this weekend warning: "Japan is increasingly vulnerable to an adverse interest rate shock, given the scale of government debt and hence the volume of refinancing.  The lack of a coherent and credible plan" for fiscal discipline is likely to put downwards pressure on creditworthiness in the medium term."  According to the non-Murdoch London Telegraph: 

Tokyo has until now been able to borrow at ultra-low rates of around 1.30pc for 10-year bonds, drawing on a huge captive savings pool from its own citizens. While this reduces the risk of a "temporary liquidity problem" – or `sudden death’ in ratings parlance – as foreigners cut off funding, it does not protect Japan from deeper forces at work.

"The slow but steady drop in the domestic savings rate could eventually undercut [Japan's] ability to fund itself locally at nominal yields and makes it more vulnerable to interest rate and refinancing risks," he said. Even at the current low rates – 0.16pc for two years, and 0.49pc for five years – interest payments already match 10pc of tax revenues. This is twice the average for OECD rich states. A sharp jump in yields would be ugly.

Tokyo stresses that "net" debt at 97pc of GDP is a better indicator of Japan’s health, since this takes into account the country’s assets at home and abroad. Fitch said these assets may prove illusory. A chunk equal to 38pc of GDP is in the form of lending to business. "It would be difficult to liquidate these assets in the event that [Japan] encountered payment stress, and the value of such assets is uncertain," it said. A second chunk worth 20pc is in foreign reserves, mostly US Treasuries. This could not be converted quickly into yen without causing currency havoc.

So if Japan had to borrow money for 10-years at the US 10-year rate of 3.89%, then their interest payments alone would be 30% of their GDP.  Well, thank goodness they are able to borrow an infinite amount of money at 1.3%, right?  And I love the way this works with 20% of Japan’s "assets" in the form of our Treasuries, so they borrow from their people at 1.3% and then buy our debt and collect 3.89% for a whopping 2.59% profit.  This all works great as long as the Yen (which they borrowed and have to pay back) doesn’t rise more than 2.59% against the dollar (which they will be collecting).  So you can see why the Nikkei gets so excited any morning the dollar is over 94 Yen and why they freak out when the dollar is below 92 Yen - Japan is a country that has bet it all on black and is just sitting there watching the little ball spin around the wheel with their fingers crossed.  Maybe David Blaine can help them…

Indeed we have developed an international gambling culture with all the Central Banks placing their bets and hoping their nation isn’t the next one that is asked by the IMF to make drastic changes in government spending in order to get loan approval.  Greece is cutting (supposedly) 14% of their GDP in spending, that would be almost $2Tn cut from the US’s $3.5Tn government budget or a $700Bn of Japan’s government spending, which would be 95% of it.  I guess this is the realization of the Republican dream. The shutdown of all governments seems imminent so, well-played my friends!

Have I mentioned I like guns and ammo lately?

Speaking of guns and ammo (unfortunately), New York City suffered it’s 11th terror attempt since 9/11 and, once again, it was better to be lucky than good as a car bomb that was driven to Times Square, set to explode, left there and triggered, failed to work.  It was only by luck that I wasn’t blocks away from there with my daughters as we went to NYC Saturday but changed our plans from a dinner in midtown to dinner in downtown simply because the Lincoln Tunnel was backed up going in.  

Over the past year, on at least eight different occasions, people linked to radical Islamic thought attempted to carry out or carried out attacks on targets inside the U.S. That includes the failed Christmas Day bombing on board a Detroit-bound airliner, the shooting rampage at Ft. Hood in Texas, three separate bomb plots foiled by the Federal Bureau of Investigation last September, and a handful of earlier plots broken up last spring and summer.

Have I mentioned I like hedging lately?

Sometimes we forget why we have disaster protection in our portfolio as well as life protection (insurance) and fire protection, flood protection, etc. You need insurance. Granted a check from the insurance company would have been small consolation for my wife if my daughters and I had happened to decide to sit in the tunnel traffic and had parked at our favorite garage (5 blocks from the bomb) and had happened to be in our usual favorite places when a bomb actually went off. M&M World is on the corner or, even worse, we may have gone to stand in line for last-minute show tickets at Duffy Square, one block from the bomb at just about 6:30, when the most people are waiting for theaters to release their unused tickets.  

It is also small consolation for your portfolio if you are unbalanced (see "Smart Portfolio Management") and overly bullish because you have not adequately insured against a disaster (see last week’s "Hedging for Disaster") and you have not adequately factored a "risk premium" into your stocks.  At PSW, we often target stocks that are "priced to perfection" for our short positions and my primary objection to the run-up to S&P 1,200 is that 1,200 is, in itself, priced to perfection and the global economy still seems far from perfect to me as well as the obvious possibility of another 9/11 or some other catastrophe, like an oil spill wiping out the entire Gulf of Mexico’s water economy.

The Nikkei was heading for a wipe out last week but the futures launched Japan’s market all the way back to 11,075 (up 150 points) and they kept 132 of them during the session to finish at 11,057, right back at last Monday’s open.  As I mentioned earlier, Japan is happy as long as the Yen is worth less and they will keep printing more Yen to buy Dollars faster than we can print Dollars to buy Yen for as long as this QE bubble can keep expanding - as long as nobody notices, we’ll all be just SUPER!

The Hang Seng didn’t get Japan’s memo and they gapped DOWN 1.5% and finished there for the day (down 297 points) while the Shanghai flatlined after a 50-point "stick save" into their close - which has pretty much been their pattern as their meltdown below the 200 dma continues unabated. There is a rumor that China may raise it’s reserve ratio requirement for the nation’s banks to 18 percent as the Government there seeks to reign in the inflation that the Government here tells us doesn’t exist.

Kind of puts our little selloff into perspective, doesn’t it?  Europe is having mixed results ahead of the US open with the FTSE closed for a holiday and the DAX flat and the CAC down 0.4%.  Everyone is crossing their fingers that the Euro will hold $1.30 to the dollar, which is the year-low, while oil priced in Euros is already hitting 18-month highs, putting tremendous pressure on EU consumers as we head into the summer.

Still we expect at least a bounce off of Friday’s drop but then what?  It’s a very heavy data week with tons of earnings.  Frankly, I don’t know which way we’ll go - that’s why we’re in cash!

Good luck to you if you’re not…

PBTH & VPHM

 PBTH

Fundamentals:


Pipeline Covering An Existing $25 billion Market

Human growth hormone ($3 billion market, entering Phase II) that could potentially be injected twice per month instead of daily injections. Interferon beta for multiple sclerosis ($4.5 billion market) that may have dramatically lower side effects. Our CTP-enhanced therapeutic proteins pipeline has the potential to dominate a $25 billion market.

CTP -- Nature's Solution To Proteins' Longevity

CTP is a small peptide naturally found in the body as a portion of the hormone hCG, and in fact provides hCG with its superior longevity. We attach CTP to other proteins and significantly increase their lonevity as well.

Merck's FSH-CTP Approved In Europe Jan 2010

Merck and PROLOR have the exclusive license from Washington University to utilize the CTP technology. On January 28, 2010 the European Commission (EC) gave Merck & Co. marketing approval with unified labeling valid in all European Union Member States for FSH-CTP, now branded as ELONVA®

Trend Models

VPHM

Fundamentals:  

This is a list of insider-Buys for VPHM for the past year.  Note that the last time the "Baker Brothers" (10% owner) bought shares was a year ago and at $6 a share.  One year later and at $13 a share, they are buying again.  Note also the size of the I-Buy, almost 2,000,000 shares, way more then a year ago at half the share price.  Significant? 

Trend Models

An interesting feature shared by both of these picks is that both company's are making presentations at Biotechnology conferences this week, VPHM on Tuesday and PBTH on Wednesday. Two stocks with their own stories to tell and possibly catapult respective share prices.  Its the game we choose to play.


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Art for Art's sake

As an undergraduate student at the University of Michigan in early 1970, I took a number of film classes, including a cinematography course taught by George Manupelli:

"Manupelli's movies are overlooked treasures in the history of experimental film and the burgeoning independent feature film movement of the late '60s and early '70s."

What I remember most from Manupelli's course was the introduction and perspective to film that Manupelli gave in the first lecture.  "What are you doing here and what to you hope to achieve my taking my course in film?"  The answer given by Manupelli has stayed with me all of these years: We are here for art; we create art, experience art and study art, for art's sake.

Since that moment I have always looked at film as art, from my own crude attempts at Super 8mm cinematography back in the days, to my last night's pay-per-view viewing of Crazy Heart, starring Jeff Bridges, for which he received an Oscar for Best Performance.

Accordingly and for something completely different, a first for AllAllan, a movie trailer.  But more then a trailer, here is a beautiful song from which the movie was titled.  Probably the best movie I've seen in a decade, one that includes the best performance by an actor that maybe I've ever seen.  Or maybe its just me, with the theme, mood and characterization of Bad Blake, a confluence of spirit and emotion that resonates a bit too close to home.

In other words, an artful post for another melancholy Sunday.

.....and this ain't no place for the weary kind
this ain't no place to lose your mind
this ain't no place to fall behind
pick up your crazy heart and give it one more try

Tales from our mythic hero

I am become a name;

For always roaming with a hungry heart

Much have I seen and known: cities of men

And manners, climates, councils, governments,

Myself not least, but honored of them all;

And drunk delight of battle with my peers,

Far on the ringing plains of windy Troy.

I am part of all that I have met;

Yet all experience is an arch wherethro'

Gleams that untraveled world, whose margin fades

For ever and for ever when I move.

The "Odyssey" is an epic story that has been a significant piece of literature since it was first composed and will remain so for ages to come. One of the reasons it has been so is because of the hero, Odysseus.

There's a man who's been out sailing
In a decade full of dreams
And he takes her to a schooner
And he treats her like a queen
Bearing beads from California
With their amber stones and green
He has called her from the harbor
He has kissed her with his freedom
He has heard her off to starboard
In the breaking and the breathing
Of the water weeds
While she was busy being free

Odysseus is one of the first Greek mythic heroes renowned for his brain as well as his muscle. Indeed he is a man with an inquiring mind, and he is also a man with outstanding prowess and bravery. We also must not forget that he is a top-notch athlete which only adds more to this seemingly insuperable character. It is no wonder why many scholars refer to Odysseus as a powerful mythic hero.

What a dream I had:
Pressed in organdy;
Clothed in crinoline of smoky Burgundy;
Softer than the rain.
I wandered empty streets
Down past the shop displays.
I heard cathedral bells
Tripping down the alley ways,
As I walked on.

Odysseus often hesitates before acting, because he uses his reason and gift to evaluate things. This patience is one of his most important additional attributes. This has saved him and his men many of times, and it can be easily seen in various instances throughout his travels such as when he disguised himself as a beggar when he finally reached Ithaca, waiting for the right moment to reveal himself.

On a morning from a Bogart movie
In a country where they turn back time
You go strolling through the crowd like Peter Lorre
Contemplating a crime
She comes out of the sun in a silk dress running
Like a watercolour in the rain
Don't bother asking for explanations
She'll just tell you that she came
In the year of the cat 

As great as he was, Odysseus still had some weaknesses that prolonged his voyage back to Ithaca. His most important weakness that he possess is that of his pride. Pride is good to have, but in Odysseus' case he had to much of it.

Wake up Maggie, I think I've got something to say to you
It's late September and I really should be back at school
I know I keep you amused
But I fell I'm being used
Oh Maggie, I couldn't have tried any more
You led me away from home
Just to save you from being alone
You stole my heart and that's what really hurts

This is clearly evident in the episode on the cyclopes' island. When Odysseus and his men are clearly safe away from the island Odysseus braggs about his exploit. Polythemus hears this and hurls giant boulders in the direction of the ship. A couple came very close to sinking the ship. Still that was not enough for Odysseus. Carried away in his pride he unwisely gave away his identity to Polythemus. With that Polythemus called upon his father, Poseidon, to punish the man who had harmed him. That incident hurt Odysseus more than losing a few men, because Poseidon made his travel home ever so longer and arduous.

Now the things that I remember seem so distant and so small
Though it hasn’t really been that long a time
What I was seeing wasn’t what was happening at all
Although for a while, our path did seem to climb
But when you see through love’s illusions, there lies the danger
And your perfect lover just looks like a perfect fool
So you go running off in search of a perfect stranger
While the loneliness seems to spring from your life
Like a fountain from a pool

Yet another weakness of our hero is his sensualness. Odysseus enjoys women. He stayed with Circe for one year before his men reminded him of home. He also stayed with Calypso for seven years. Although we must take into thought that there were some other reasons why he stayed with her for so long, like that she was an immortal and he didn't want to have her against him.

Kathy, I'm lost," I said, though I knew she was sleeping
I'm empty and aching and I don't know why
Counting the cars on the New Jersey Turnpike
They've all gone to look for America
All gone to look for America

Nonetheless, Odysseus survived all that happened to him. His courage, wits, and endurance enabled him to come through each and every difficulty and arrive home safely.

And the colors of the sea blind your eyes with trembling mermaids,

And you touch the distant beaches with tales of brave Ulysses:

How his naked ears were tortured by the sirens sweetly singing,

For the sparkling waves are calling you to kiss their white laced lips.

Greatly Overvalued Stocks in the News

Ilene, at PSW, sent me this list of overvalued stocks in the news from Ockham Research and asked me to run them through my system looking for short sales.  I've run them through my trend models and have posted results, in red italics.  Below that, a few of the charts that look especially Bearish.

Caution: Greatly Overvalued Stocks in the News

At Ockham, we recently released a new stock screening tool on our site that we now use daily around the office to more efficiently wade through our coverage of over 8400 stocks.  One interesting filter we used today was to see stocks that have our Greatly Overvalued rating, and also have been mentioned in the financial media within the last 30 days according to RazorWire.  These stocks represent a subset of our most negative ratings that are also attracting some attention lately either because of earnings releases or some other reason to be mentioned on business television or influential financial blogs.

Ockham's "Overvalued" Stocks:       Allan's Trend Analysis

Occidental Petroleum (OXY): New Buy as of Friday's close;
ArcelorMittal (MT):   Sell Daily, New Sell on Weekly;
Caterpillar (CAT):  New Sell Pending, trigger is close under 67.88
Johnson Controls (JCI):   Still in uptrend, but Sell under 33.09

PACCAR, Inc (PCAR):  Still in uptrend, but Sell under 45.65
Vornado Realty (VNO): Uptrend;
Kinder Morgan Energy Partners (KMP):  Daily Sell, Weekly Long;
Eaton Corporation (ETN):  Daily Sell signal; Weekly still Long;
Fidelity National Info Services (FIS): Strong Uptrend;
Cliffs Natural Resources (CLF): Daily Short, Weekly new Sell;
Cree, Inc. (CREE): Daily Short, Weekly Sell pending;
Eastman Chemical Company (EMN): New Sell on Daily chart;
BorgWarner, Inc. (BWA): Strong uptrend;
Autoliv, Inc. (ALV):  Daily Short, Weekly Sell pending;
M.D.C. Holdings (MDC):  Uptrend;
Redwood Trust (RWT):  Daily Short, Weekly Long;
Imax Corp (IMAX):  New Sell on Daily;
Permian Basin Royalty Trust (PBT): Strong uptrend.

Best looking charts for Selling