Raptor Pharmaceuticals - Chart Of The Day

Aug. 16, 2013 4:27 PM ETRPTP
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Long Only, Momentum, Portfolio Strategy

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Jim Van Meerten writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended post-baccalaureate and graduate courses in Business Administration, Quantitative Math, and Education at Florida Atlantic University, Georgia State University and University of North Carolina at Charlotte. In the past he has been an accountant, attorney, adjunct professor in Business Law, Accounting and Internal Auditing, financial advisor, supervisory principal, and compliance officer. He also passed the Georgia CPA Exam, the Certified Internal Auditor Exam, and the FINRA Series 7, 24 and 9/10 exams.He is presently also a contributor on MSN Top Stocks Blog, Motley Fool and is a member of the M100 on Marketocracy, an elete honor chosen by the editors of Marketocracy as being in the top 100 portfolio managers of over 100,000 portfoiios they review. He would enjoy hearing your comments at JimVanMeerten@gmail.com.

The Chart of the Day is Raptor Pharmaceutical (RPTP). I found the stock by sorting the New High List of Weighted Alpha and this stock has a 170.00+. The stock is just beginning to be followed by analysts and looks to have a bright future.

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:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 96.67% in the last quarter
  • Relative Strength Index 75.95%
  • Barchart computes a technical support level at 10.13
  • Recently traded at 11.48 with a 50 day moving average of 9.60

Fundamental factors:


  • Market Cap $650.47 million
  • Revenue expected to grow 573.10% next year
  • Earnings estimated to increase 66.70% next year
  • Wall Street analysts issued 6 strong buy and a hold recommendation

If you buy at this level watch the moving averages and turtle channels closely and sell if it drops below its 50 day moving average.

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