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The Chart of the Day belongs to China Biologic Products (CBPO). I found the stock by sorting the All Time High list for the stocks having the highest technical buy signals, then used the Flipcahrt feature to review the stocks. Since the Trend Spotter signaled a buy on 1/7 the stock gained 40.16%.
China Biologic Products, Inc., through its indirect majority-owned subsidiary, is principally engaged in the research, development, production, manufacturing and sale of plasma-based biopharmaceutical products to hospitals and other health care facilities in China. Its subsidiary, Shandong Taibang Biological Products Co. Ltd., operates from its manufacturing facility located in Taian City, Shandong Province. The Company's principal products include its approved human albumin and immunoglobulin products. These human albumin products are mainly used to increase blood volume and its immunoglobulin products are used for the treatment and prevention of diseases.
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The 50-100 Day MACD Oscillator has been a reliable technical trading strategy and should be continue to be used to determine entry and exit points.
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