Daily Archives: February 14, 2017

Something going on with MYGN

Stock MYGN

MYGN Daily Chart

Today’s volume in MYGN is something to take note of and I think it might be sign of a reversal about take place. The stock traded 12.9 million shares today versus a 10 day average of 1.8 million. Wednesday, 2/8/17 and Monday, 2/13/17 each saw major buying as well trading 6.5 and 5.2 million shares respectively. Given the stock has been beaten down nearly 50% in the past 12 months and has been oversold on a daily, weekly, and monthly timeframe recently, I think we could easily see MYGN move back to 20 in the next few weeks with continuation over recent highs.