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MAZOR Robotics (MZOR), a perfect long term biotech play

#Mazor Robotics (MZOR) appears to be a perfect Weinstein winner.
The price broke out of its long term trading range in March 2017 with a strong volume increase and with a positive relative strength compared to the NASDAQ Composite Index.
The current consolidation phase should soon give way to higher prices.

Disclosure: I am long MZOR @ 23.485 USD/share.

5 Comments

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  1. […] MAZOR Robotics (MZOR), a perfect long term biotech play […]
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    1. seems like it is testing the support again today during the sell off.
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  4. @Kaushik
    When worried you could take profit if it closes below the trend line and buy again lower.
    I need to reassess many long term portfolio positions but want first to see the weekly close.
    Looks line many positions have hit support and bounce from there needs to be confirmed or not.

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