iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Biotech Fun

Everyone is on the biotech train. The gentlemen inside the matrix, aka The PPT, have been banking buckets of coin in [[CVM]] . Another one that needs to be monitored here is Dendreon Corporation [[DNDN]]

The stock is now trading above its IPO price, noted by CA, and can rip on futher strength. Keep a close watch on this one, Im a buyer above $30.

dndn

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Strongest Solar

Trina Solar Limited (ADR) [[TSL]] is looking to breakout to new 52 week high, I like it above $32.50

tsl

TSL is also the leader of the MadStocks stock of the year contest, click here for update.

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Back In The D-R-Y-S

This is what you want to look for when looking for a low risk setup.

drys1

Notice the pullback after the breakout right down to support, you also have a bunch of moving averages beneath you for added support. I like DryShips Inc. [[DRYS]] here, with a stop right below the 200 day moving average @ $6.98.

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DCTH @ Resistance

Above $5 [[DCTH]] can fly! Based on premarket action, I say this one has a good shot to breakout.

dcth2

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Pennant: BCSI

I will look to buy this one with a breakout above its upper trendline.The stock closed near the high of the day (HOD) after a beautiful bounce off the 50 day, I’m a buyer on strength.

bcsi

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