We Didn’t Find CDNA After the Breakout. We Were Watching It Before. 👀
On August 6, I shared a list of medical, pharmaceutical, biotech, and healthcare stocks we were watching inside the MTS Community.
CDNA was on it.
We originally spotted the stock using the MTS Velocity screener, and the numbers made it difficult to ignore:
• EPS growth: +331%
• Sales growth: +52%
• Pretax margin: 86.8%
• ROE: 29.5%
• Relative Strength: 98
• Industry Group RS: 98
After its earnings run, CDNA pulled back constructively on much lower volume.
Then volume began returning on August 19.
Yesterday, it broke out.
Now it’s continuing higher in pre-market trading. 🚀
While much of the market remained focused on the same AI stocks that had stopped leading, relative strength was pointing toward healthcare and biotech.
Most people notice a stock after the breakout candle appears.
The real work happens before it.
MTS Velocity found the stock. The MTS Trading Room tracked the setup. Price and volume confirmed the opportunity.
Screen. Study. Prepare. Then let the stock prove you right.
