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Back into ABRX

By David Randolph · June 23, 2005 · 1 min read · 608 views
I've made a good trade on ABRX stock about a month ago: ABRX: strong short covering on the way

At this moment the chart looks even more promising for a big short covering rally than before. All the bad news is out I believe. Now we have a support in place, so there's plenty of technical motive to rebound (I don't know about fundamentals):



Look at the white candle coming out of support and volume increase. I'm buying ABRX at today's open, as always, 6.66% of global portfolio.

If you want to know more about the company and it's current troubles, please check their website

Everyday I will analyze ABRX after the market close until I sell the stock. I always tell I'm going to sell before I actually take action. You just have to follow the answers to this post.

Everyday our team scans and filters 11000 stocks to come up with the 3 best stocks to buy on a short term basis. We run a diversified public portfolio which is up 133% since May 2005. We have great traders in our community which take advantage of short term opportunities in stocks.

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