ASTM - Sector: Healthcare---Industry: Biotechnology & Drugs

[saffeysite1]

Head and shoulders.  I [email protected] today.

[saffeysite1]

I thought I saw this chart somewhere in one of my O'neil books.  I may be off. 

Thanks

[saffeysite1]

Jumped to 2.80 on the stem cell news.  Sold at the open. 

[eliteG]

watching closely...or might enter...double triple bottom...whatever its got support, not sure but I believe this is the strongest stem cell stock

[saffeysite1]

In the long run this stock is going to be a winner.  I sold it a few weeks ago.  I should have held, but I have enough biotech stocks for now.  It's a keeper, I think.

[AA]

I like this chart! 

Possible breakout , need confirmation.

I'm tempted to enter today with tight stop.

EliteG , you bought this or no?

[eliteG]

I have not bought this yet and worry about this gap up this morning with no news.. be cautious.  If you choose to enter I say wait for a powerful break of 3 or if you are itching for today...as I am... wait for the High before 10am to be broken.  This gives a higher probability(less gamble) that we are headed in the right direction.  20 ema is stop since ASTM is launching from there. 

[AA]

Thanks!

STEM also gap up today and the charts looks nice too.

[eliteG]

I'm going to holdoff at this point...waiting for more volume as it crosses 3

[pompano]

Nice pick G.  I am in, do you think this will continue and cross three tomorrow?

[eliteG]

chances look good.  I would stop this at 2.70.  When it crosses 3 raise that stop.  Goodluck 

[eliteG]

its low was 2.70, hope you set you stop 1cent lower the rebound is bullish but the volume is not less than inspiring.  The market is down and thats why I waited for crazy volume.  Crazy volume doesnt care about Mr. Market...see QOIL

[eliteG]

bustin out!  powerful candle lets see if the volume comes in 

[bula]

CEO coming up on CNBC .. that's driving this latest pop in the last hour.

[eliteG]

thx bula, looked at the 5min..it had 1.5 million in one 5 min session...interesting...i'll put it up on the tube