WBMD

The Chart of the Day belongs to WebMD (WBMD).  I found the Internet content stock by using Barchart to sort today's 52 week high list fo the highest technical buy signals, then used the Flipchart feature to review the charts.  since the Trend Spotter signaled a buy in 11/4 the stock gained 16.52%.

WebMD announced that  has signed an agreement to acquire Conceptis Technologies Inc., a Montreal-based provider of online and offline medical education and promotion aimed at physicians and other healthcare professionals. Conceptis has been successful in developing a strong online presence in the cardiology community and is highly respected for the depth and breadth of content contained on its flagship. With the combination of two of the leading cardiology channels on the Internet, Medscape Cardiology and www.theheart.org, WebMD is well positioned to further its lead and penetration in this high value segment of medical marketing.


The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

Fundamental factors:
The 50-100 day MACD Oscillator has been a reliable technical trading strategy for this stock.