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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

The Situation Sometimes Rewards Grenades

chessNwine Mon Jun 13, 2011 1:02am EST 2 Comments

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Love them or hate them, those dangerous but sexy hand grenades known as biotechnology stocks have clearly outperformed the broad market for at least the past several weeks, if not longer. So long as you do not fall victim to a heinous FDA announcement, I am looking at the following five grenades to continue to outperform.

Hat Tip to The PPT and 12631 gentlewoman @CallaLilly101 (definitely not a grenade herself) for pointing out the ALXA setup and strong institutional buying. PPT and 12631 members click here for biotech screen.

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2 comments

  1. The Fly
    The Fly
    June 13, 2011 at 1:21 am

    QCOR is GARP too.

    Great title

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