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We still have one more trading session left in April on Monday, but I think it is safe to say that the stellar April seasonality pick from The PPT has been another dazzling success. I brought Medivation’s April Levitation to your attention in this post on April 1st, and you would’ve been an April Fool to ignore it.
Despite an overall corrective month for the market in April, MDVN opened the the month at $74.37 and currently sits up at $80.38, denoting extremely impressive relative and absolute strength.
Here is MDVN‘s seasonal breakdown. Current members of The PPT and 12631 should click on the hyperlink at the beginning of this sentence to see an even more detailed breakdown of Medivation’s performance over every prior April. Sorry, guys. That one is for closers only.
If this type of analysis interests you, in addition to countless other features, please click here to learn more about becoming a member of The PPT.
If you enjoy the content at iBankCoin, please follow us on TwitterMDVN April Seasonality Statistics (Courtesy of The PPT Algorithm)
Stats for the month:
Avg Return 18.03 # months TOTAL 14.00 # months UP 14.00 # months DOWN 0.00 months UP (%) 100.00 months DOWN (%) 0.00
Very interesting angle I have failed to utilize. Need to fuse it into my game.