Large Marge: We Will Never Forget

While it remains to be seen how the large healthcare insurers like UNH WLP react to Obamacare 2.0, it sure seems that the secular shift from written to electronic medical records is still very much in play. In addition to the recent strength in CERN, also note Merge Technologies, or MRGE, or "Large MRGE," has broken above multi-quarter horizontal price resistance, seen on the first weekly timeframe, below. Also note how price bounced off multi-year support. And the second chart, on the daily timeframe, reveals the surge in buy volume to accompany that recent breakout, confirming the strength of bulls. I would look at Large MRGE as a long setup over $3.30 next week, with a stop-loss below $3.10. QSII over $15.25 may also be bottoming. ___________________________________________ ___________________________________________