Stock Watch 2.7.11.” Stuck like GLUU”
Last week was a fantastic start to the month, There are tons of ripe plays heading into the week. For Monday I like these GLUU. Cleanly broke to new highs and reports Monday evening. I expect this to run early after that I’m out. On the short side I have to be eyeing DEPO and TA. These are just way overdone and are to unattractive to buy at these levels. trade them well.
Watchlist GLUU DANG OMEX YRCW DEPO
Previous Watchers SCON FIG URZ ARAY TA
GLUU
Close right at 52′ looks geared for a pop and earnings are Monday after the bell. I like long plays as a pre earnings runner. Will not hold this overnight in anticipation of a good report.
DANG
On a sliding slope downwards. Was a nice daily breakdown called in chat but not sure any of us took it. This looks to have more downside in it looks for failed bounces to short into
OMEX
Braking out of a 18 day high and closed at the top of it’s price range. 3.80 is overhead resistance and it’s about 20c away. Could really rocket past that price but I do expect it to at least test that figure
YRCW
I didn’t short this because it was an earnings play. However, it faded all day and gave up quite a bit from it’s highs. I will see what the action says on Monday.
DEPO
DEPO finally closed red but by very little. I hope this doesn’t gap down because I want to get a short started. It’ up way too much and typical profit taking has to occur.
ANIK
ABMD
DTLK
