This Market Leaves You to Your Own Devices

Medical devices, that is.

The medical device space has been heating up of late, with some of the tightest charts in the market right now. Abiomed, below on the daily timeframe, is one such example. 

Note how ABMD saw price base tightly in recent sessions after its prior advance, with an enticing spike in buy volume on Tuesday. I am looking to see if the stock can now make another push up through $95 for the convincing secondary breakout. 

I tend to favor these types of plays in lieu of sweating a name like TSLA tick-for-tick, which has tons of eyes on it and is still essentially flat over the last two years. 

If bulls hold serve tomorrow after the jobs and ISM numbers, I suspect the medical device plays will continue to flourish.