Chart of the Day - La Jolla Pharmaceuticals (LJPC)

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          The Chart of the Day belongs to La Jolla Pharmaceuticals (LJPC).  I found the biological pharmaceutical stock by using Barchart to sort theRussell 3000 Index stocks first for the highest Weighted Alpha then again for Barchart technical buy signals of 80% or better,  The stock gained 34.88% since the Trend Spotter signaled a buy on 8/26.

 The company is engaged in the research and development of therapeutic products for the treatment of autoimmune and inflammatory diseases.

technical indicators:

• 100% Barchart technical buy signals
• 259.87+ Weighted Alpha
• Trend Spotter buy signal
• 7 new highs and up 53.47% in the last month
• Relative Strength Index 73.95%
• Barchart computes a technical support level at 30.10
• Recently traded at 41.62 with a 50 day moving average of 29.86

Fundamental factors:

• Market Cap $637.15 million
• Earnings projected to compound at an annual rate of 13.20% for the next 5 years
• Wall Street analysts issued 4 strong buy recommendations on the stock
• The individual investors on Motley Fool voted 61 to 20 for the stock to beat the market