Looking for fresh trading ideas, I found the chart of Allscripts Healthcare Solutions (MDRX) attractive.
The chart of MDRX, above, shows rising 50-day and 200-day moving averages. The On-Balance-Volume (OBV) is improving and the Moving Average Convergence Divergence oscillator is above zero and close to a new buy signal crossover. Not a bad-looking chart, and strength above $15.50 will make the picture even stronger. Go long on a close over $15.50.
In this chart of MDRX, above, we can see a rising 40-week moving average, a rising OBV line and a bullish MACD oscillator. Everything is aligned for further gains. MDRX could rally into the $18 to $19 area once we get that close over $15.50.