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While WAG lags the group, CVS and RAD have emerged as market favorites in the drugstore sector. CVS is a bit of a slow-mover, but RAD has seen much of the hot action recently. Although it is a very low-priced stock, it is worth noting that RAD does trade with tons of volume. So, it is not like we are talking about some illiquid penny stock here.
As you can see below, I believe RAD has been accumulated by large buyers in recent months. While it is pulling in sharply this week, overall the uptrend remains intact. I have no position in this name, but I am started to get interested. For me, the key to finding a trigger is to look for signs that the buyers are looking to reload, yet again.
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Nice, The Heisenberg Formation.
I move the pills from the big bottle to the little bottle.
lol – I always wondered why I need to wait 20 minutes to have pills moved from one big bottle to one small bottle.
I could do that in 20 seconds.