Medical Devices: Negative Political Hype Was Opportunity

Back on April 21st NFTRH 548 noted that the medical device babies were getting thrown out with the politically hyped bathwater that was submerging the Healthcare sector.

ihi

I finally took the profit on that trade as I am in cash-raise mode. Maybe I used the state of RSI & MACD as an excuse to take the profit. Maybe they are not rolling over at all. The moving average trends are sweetly up and the situation, while now overbought, is bullish. But the above is lesson #1,374,682 about why we should tune out media hype and knee-jerk reactions to the news of the moment.

ihi

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