Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Anyone looking for a reason to go long of Deltex Medical at the moment even though the shares are extremely overbought after a bear trap rebound from last month below 13p, still has plenty of evidence from the daily chart in terms of encouraging buy triggers.
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