Wednesday Watchlist

ARAY – Accuray Incorporated designs, develops, and sells the CyberKnife system, an image-guided robotic radiosurgery system used for the treatment of solid tumors.  Prolonged basing action on weekly chart with a very favorable ADX setup, and attempting to exit a well defined triangle on its daily chart.  Will need more volume, but could go to $9.00 pretty quick with the right amount of oomph.

OFIX – Orthofix International N.V. designs, develops, manufactures, markets, and distributes medical equipment, principally for the orthopedic applications.  Rolling over on a weekly chart, and relative weakness since last week’s earnings.  Somethings stinks.

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