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How far can Mindray Med go?

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question_2 August 13, 2013 (Chinavestor) Mindray Medical (NYSE:MR), a mid sized Chinese medical equipment maker, is above $40 again. The question is this: will the rally last or is it time to lock in profits?

The rally is not over yet, according to the money flow analysis chart below. Positive money inflows have accompanied latest rally for the sector, where Mindray Medical (NYSE:MR) is the elephant in the room. When money flows support rally more upside is possible, according to the theory.

 

MF_Healthcare_Aug813



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