clegger_2000$SXCI huge run from questionable selloff down to 61 level.$$
SXCI - SXC Health Solutions Corp.
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SXC Health Solutions Corp. is a provider of pharmacy benefit management (PBM) services and healthcare IT (HCIT) solutions to the healthcare benefit management industry. The Company's product offerings and solutions combine a range of PBM software applications, application service provider (ASP) processing and pharmacy benefit management services, and professional services designed for the organizations in the pharmaceutical supply chain, such as pharmacy benefit managers, managed care organizations, self-insured employer groups, retail pharmacy chains, and state and federal government entities. The Company's PBM services include electronic point-of-sale pharmacy claims management, retail pharmacy network management, mail service pharmacy claims management, specialty pharmacy claims management, Medicare Part D services, benefit design consultation, preferred drug management programs, drug review and analysis, consulting services, data access, and reporting and information analysis.
A Filled Black Candle means that the stock gapped up and then closed lower than the open - a sign of weakness. This often happens at the end of a short term uptrend. Those that are long this stock are now getting nervous. If the stock moves much lower, these traders will likely sell.
A Hollow Red Candle means that the stock gapped down but still had enough strength to close above the opening price. This often happens at the end of a short term downtrend. Those that shorted the stock are now getting nervous. If this stock moves much higher, they will likely cover.