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Barbarian At The Gate: Medivation (MDVN)

Trade-Ideas LLC identified Medivation ( MDVN) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified Medivation as such a stock due to the following factors:

  • MDVN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $86.5 million.
  • MDVN has traded 409,638 shares today.
  • MDVN traded in a range 234.1% of the normal price range with a price range of $1.99.
  • MDVN traded above its daily...