Stock Watch 5.4.11 “For those about to rock”
For those about to and want to rock we will be in thelincolnlist chat room Wednesday. I have been on a tear this week with stupendous percentage gains on LFSN and GENE but Wednesday I got a feeling a big 40% gainer is on deck. Can’t guarantee it but it’s worth your time. A few of these mico cap charts are setting up like the constellation. Don’t get mad if you miss out.
Tuesday Trade Recap http://thelincolnlist.com/the-boy-keeps-banging-but-most-people-aint-watching/
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GENE
Top of my list. 5th day in a row on this morning breakout then fade action. This is on borrowed time. Only thing that should stop an easy win is if it opens down huge. Short this with authority
QLTI
Was above January highs before closing lower. Looks like it wants to break out but these double toppers can take a few days. If the volume is there above 8.65/70 I may long.
FNBN
Still bouncing from the Merger deal on 4.28. Could be a two way player.If it pops it could run towards .85 but I think it starts to fade soon.
BIOS
Earnings runner. Lets see what it has in store for day two. I don’t want to chase a gap up but if it stalls at the open and then breaks out could make a nice long trade.
JVA
Clear signal here. Has been brewing ( no pun) off the 5 mark for a while only to lose it’s grip around $6. A solid volume run to 6.20 could get this to 6.40. Otherwise it’s a short because it will most likely work it’s way back to 5.