Category Archives: CRME

CRME: Cardiome Pharma Corporation

chart of CRMEThis chart of CRME looks fairly good.  It’s a bit messy , and that’s how it goes with pharma companies, but i do think there are some tasty nuggets hidden in here.

The RSI has been trending upwards since February and will probably come down a bit to tag the trend line.

Looking @ the chart itself there are a few pretty things here.  Mainly the $10 mark.  Lets start with 2 steps back and look @ the weekly chart.  (I should have annotated a chart for the weekly, but unfortunately i did not.)  The $10 mark is definitely a resistance level Continue reading CRME: Cardiome Pharma Corporation