I love it. Im talking about being in the right place at the right time. GERN just got approval by the FDA to begin key stem cell therapy research. And wouldnt you know it, the stock opened up 20%. Ill keep an eye on it for the morning and bump my stop up to $6. Others that are still trying to figure out their direction include EQ, which at the time of this post just shortly after market open, is holding at its diagonal support. PNRA is rallying towards its resistance, so i will be looking to take up my short position very soon. Others on my list include PCU which is sitting on support (im bearish on this one), and TTI which is resting on its diagonal support.
Major indices quickly approached all of the key support levels that I layed out yesterday. They remain in this area, so we'll see what the day brings. As I already said, if support doesnt hold, it could be another emotion and wild ride down to the lows in november. Im talking about the heads on CNBC screaming for mercy, and crying out the end of the financial world. They can be so entertaining when they panic like that. LOL!!!
Cheers.
Weekly Watchlist
12 years ago
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