Summary Free Membership     Add to watchlist     Email to friendSee our recent article: How do I manage my trading risk?(Date Report Was Created: 30-Jul-2012) Mylan, Inc. (MYL)HealthcareLast: 23.32  (+0.05 pts, 0.24%)  Open: 23.2  High: 23.42  low: 23.15  Drugs - Generic Quick Summary The Stock is in Bullish Phase. The Bullish Phase occurs when there is an upside trend for the stock. The buyers are pushing the stock up. The stock has recovered 15.4% from its recent low price of 20.21 which occurred on 9-May-2012. The current price is above the 50 day moving average of air max shoes outlet 21.56. Sustained move above the average could signal development of an uptrend. The closest support can be found at 21.54. The closest resistance can be found at 23.51. See Support/Resistance below for details. How to trade Mylan, Inc.(MYL)? Breakout Trade: A close above the resistance level of 23.51 could trigger a buy signal. Confirmation would occur when the low of the day would be above 23.51. Retracement Trade: Consider buy when the price retraces around 21.54 if you are aggressive. Alternatively, a conservative buy would be around 20.82. Risk Management: Consider risking somewhere between 0.801(3.43%) and 1.335(5.72%) points on your position. Risk management is an important part of trading. Our risk management strategy is based on the average daily range of the stock. Sign up for free membership to view complete report. (Available only for short time) Look up analysis for ANOTHER stock Sign up for complete report Free Membership     Add to watchlist     Email to friend To nike air max outlet view complete institutional style report and recommendation on Mylan, Inc.(MYL), pleaseSign up for free membership!!! If you have already registered, login now, to view the complete report. We evaluate over 4000 stocks everyday. Read our analysis for MYL and other stocks daily.Why not become a member ?For now, it is FREE!!! Technicals Free Membership     Add to watchlist     Email to friend Market Phase
Bullish This indicator compares long term trend with short term price action to explain the current phase of the market. According to the indicator, the stock of Mylan, Inc. is in the Bullish Phase. This indicates that the stock is in an uptrend. The buyers are attracted to the stock and are pushing MYL up. Short Term Trend:     (+8) The short term trend indicator only looks at 10 to 20 day timeframe to determine the current trend. Mylan, Inc.(MYL) is currently strongly bullish. 3 Day Money Flow:     (+8) The money flowing for last 3 days in MYL has been extremely bullish. This indicator summarizes the price and volume activity over last 3 days. It is a very short term indicator. Snapshot Free Membership     Add to watchlist     Email to friendPhase
Bullish  Relative Strength:    (+7) EPS Growth(yoy):    (-4)  Fundamental:    (+7)  To view complete report on Mylan, Inc.(MYL)please sign up for free.If you have already registered, login now to view the complete report. askStockGuru TIPS Free Membership     Add to watchlist     Email to friendIf you are investing in stock, or if you buy stocks, trade stock, or are cheap nike air max shoes into stock investing, read this section to improve your stock trading skills. If you buy stocks, sell stocks, or trade stocks, you may have asked your self the following question: What does upside and downside breakout mean? Breakout is price movement of a stock through an identified level of support or resistance. The upside or downside breakouts are traded with the presumption that the move will continue. Traders who keep an eye on the upside or downside breakout, generally, look for increase in the volume( number of shares traded ) for the breakout bar. Higher this volume, bigger and stronger the breakout. The traders will buy the stock when the price breaks above a level of resistance and sell when it breaks below support. The traders may also buy the stock when the price bounces from a support level with higher volume. Similarly, The traders may also sell the stock if the price declines from a resistance level with noticeable increase in volume. A downside breakout is also referred to as breakdown. This is usually a bearish sign. askStockGuru tries to identify both breakouts and breakdowns. It also checks for increasing volume.