Today PFE – Pfizer announced they will acquire MDVN – Medivation for $14 billion. The stock went up almost 20% when news hit the wires! Three weeks ago MDVN – Medivation was highlighted for members as a High Potential Stock pick.
My job is to make sure members of the Tischendorf Letter Premium have exposure to the best sectors at the right time. Every week I select the best stocks within those sectors. A stock is only highlighted when it offers great pattern pressure. It also needs to meet several other criteria that increase odds for an explosive move to the upside.
MDVN – Medivation met all those criteria. It was recommended as a very low risk set-up offering a great way to get exposure to the Biotech sector. This chart shows how members made money:
Click on MDVN – Medivation chart to enlarge:
My research and technical scanning strongly suggested increasing exposure to Biotech and Energy stocks. I then shared this observation with my members.
A premium membership offers the following benefits:
- Trade idea generation.
- Videos. You get to see the stocks I am focusing on.
- Ongoing education. I explain key technical concepts and how I trade specific stocks.
Own the best stocks and learn how to trade them!
Tischendorf Letter Membership