The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Monday, May 21, 2007

Longer-Term Plays: Assisted Living/Healthcare Stocks

Call 'em nursing homes, assisted living/healthcare companies, retirement homes, or whatever you would like. The bottom line is that these types of companies are poised to experience increased earnings in the months and years to come. For someone looking for a long term investment or trade, look no further cause I've got you covered on the more attractive plays. First up....

RSCR





I believe that RSCR is one of the more technically attractive plays.

















Here is a look at RSCR's 1 year chart....
Notice that the stock is in the middle of completing a cup with handle chart formation.





















Here it is drawn in...























































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