Stock Watch 3.28.11 ” What ya gonna DUSA”
Netted a total of 17% gains last week alone. Closing in fast on +100% and its not even April. This market constantly has a cornucopia of low risk high reward plays. No need to shuffle around chasing stocks just play the charts. I got a few lined up Monday that are ripe for big gains. For those who are not joining chat in the mornings your missing out on some great opportunities. For those who want to try our service for 2 weeks at no charge click here. http://thelincolnlist.com/subscribe/
Watchlist DUSA DK MCOX INSMD ROIAK
DUSA
Forming a nice ascending triangle on the daily. I’d like to buy this on strong volume crossing 4.85. Possible short on a gap and run if you miss the pop.
DK
Broke out of a flag set up but retraced half of it on Friday. Look for early attempt to break above 13.25/50. After that possibly it fades
MCOX
Got the run up on share acquisition buying. This stock doesn’t seem to hold up well. I highly doubt I would buy this but certainly may short this if it doesn’t gap down
INSMD
Running hard off the the FDA approval to conduct a pivotal Phase 3 clinical trial of ARIKACE™ in nontuberculous mycobacteria lung infections . The news is a few days old and the chart is close to parabolic. I’ll stay neutral and see what happens Monday.
ROIAK
Looks like it’s rounding off the bottom after retracing around 40% over the last month. Certainly do for a 10/20%bounce run but other than that I’m not sure.
