Vocera Communications (VCRA) - Trade Stocks

Vocera Communications (VCRA)

By Thu, Dec 23, 2021

Merry Christmas!

Apparently, I’ve been naughty because my Christmas gift was Covid!

The good news is I’m feeling well enough to give you today’s Chart of the Week, Vocera Communications (VCRA).

This trade comes straight from our Minor Leaguers Report, which scans small cap stocks with $1-$4 billion market cap.

VCRA is a $2 billion communications equipment company with a beautiful uptrend and great relative strength.

We’re long in VCRA above 59 with a target of 86.

Below that, we’re just watching (or getting out).

But above that, you can set it and forget it with VCRA.

Til next week, Merry Christmas and good trading,

JC Parets

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About the Author

JC Parets, founder of All Star Charts, specializes in finding the most opportunistic risk vs. reward propositions while at the same time bringing a top/down approach to the marketplace whose wide spectrum is rivaled by few. JC begins with a long-term global macro perspective and then works his way down to the individual sector and industry level before ultimately isolating the stocks that best portray a particular thesis. Price is the most important technical indicator, but JC uses supplements such as Momentum, Relative Strength, and Fibonacci analysis to complete the process.