Join Ken Calhoun each week for a new episode of Breakout Chart of the Week for stock swing traders and day traders. Today’s trade charts: MED, PPC and UVXY. Exclusively for MoneyShow.
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These brief, actionable trading videos will show you new examples of strong breakout stocks, with chart patterns clearly explained, updated weekly. All in under eight minutes.
Today’s charts:
Medifast (MED) is a U.S. nutrition and weight loss company based in Owings Mills, Maryland. Five subsidiaries: Jason Pharmaceuticals, Take Shape for Life, Jason Enterprises, Jason Properties and Seven Crondall.
Pilgrim’s Pride Corporation (PPC) is a Brazilian owned U.S. food company, currently the largest chicken producer in the U.S. and second-largest in Mexico.
ProShares Ultra VIX Short-Term Futures ETF (UVXY) seeks investment results that correspond to two times the daily performance of the S&P 500 VIX Short-Term Futures Index.
Ken is president of TradeMastery.com and frequently presents at TradersExpo and MoneyShow.
Recorded: 11 am EDT, August 17, 2017
Duration: 6:46