Today’s Chart of the Week comes from our priceless Under the Hood report, which aggregates millions of data points to identify stocks with an unusual increase in investor attention.

This week, we’re looking at United Therapeutics (UTHR).

UTHR is coming out of a gorgeous 5 year base and we believe it will resolve higher.

Since we’re making the argument that this is breaking out to the upside, we need UTHR to be at or above $190.

Once UTHR is at that level, we are long, with a target of $260.

Biotech is a great space right now, we’ve got a beautiful base resolving to the upside, and with 70 points to gain, this is as ideal as risk to reward gets.
Til next week, good trading,

JC

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