Hello, Share Swappers. As you know, Big Donald’s stand-off with opposing politicians has led to the curtailment of government activities in Washington. You might not be aware that some British firms are affected by this curious situation. For example, those federal officials who give go-aheads to pharmaceutical companies have not been able to act as speedily as they’d like to...
In the case of Consort Medical it can be seen how it is possible to draw a rising trend channel from as long ago as October last year, with the floor of the channel currently running level with the 200 day moving average at 916p.
What can be seen on the daily chart of Consort Medical is the way that there was an impressive recovery from the October floor at 650p, after a higher low for November and the break above the 200 day moving average then around the 800p level early in December.
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