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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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From: danregan204/5/2011 9:51:24 PM
   of 120409
 
MELA - Stock spike last week. Breakout Continuation tomorrow.

MELA - Stock spiked last week big and then came down and consolidated for a few days. Today it spike again back to highs. The market sold off hard mid day and took the stock down some but MELA finished in the green which is a sign that it could try to go tomorrow otherwise it would have just closed red. It should attempt to breakout tomorrow at the open. This one trades well off the open and then doesn't do much mid day. I am hoping for $4.00+ tomorrow. Other small pharms like AEN have been hot so this should breakout soon.
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