Stock Watch 5.16.11 “Bio Zone”
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ABIO
Beast of a run Friday. I think it will have at least a early Monday morning run that should be good for a trade. After that a possible short on overbought conditions
GFRE
We got a few good trades off of this one in chat Friday. GFRE is a beaten down stock that was due for a nice pop. I don’t know how long it will last but more upside Monday morning should be there.
LEE
Same as GFRE. A beaten up stock that set in a good base off the $1 area. This is good as a trade only as this will most likely give up it’s gains after this run
ATEC
Doing it’s best to break out. If the volume is there could make for a good trade. The chart is sometimes messy but worth a look
RDNT
I would like to see one parabolic run into 5 for a short. I don’t know if this has enough daily range do do something like that but it’s worth a watch.