Style Points for This Hidden Gem in Healthcare

Formerly known as CareKinesis, Inc., Tabula Rasa HealthCare, Inc. sure does have a more exotic ring to its name now. And updating the daily chart, below, we can see the positive impact earnings are having on the name this morning. 

For a while now, we have flagged TRHC intermittently for Members. But the consolidation needed some more time to develop. Indeed, the firm may very well be in the sweet spot of a hot-button issue, in terms of cutting edge healthcare IT cost-efficiency for patients. 

Now, however, TRHC has clearly tipped its hand. And as long as $16 converts into support I view the name as a dark horse to be one of the big healthcare debate winners into the end of 2017 and perhaps beyond. 

In other words, dips and pauses are likely to be bought and should therefore be stalked closely. 

Elsewhere, a theme of select long-term beaten-down charts rallying hard this earnings season seems to be emerging, what with VRX TWLO GPRO FIT YELP all enjoying post-earnings success. All of those charts still have much more to prove, though they are making a convincing case here for at least some relief into Labor Day.