Bought some DNA. I've been waiting (and hoping) for a correction back to the April gap, but so far -- no pullback. (Of course now that I've bought..... <g>).
This is a risky trade in my opinion. They report Monday.
Check out the narrow Bollinger Bands. Some sort of move is imminent. I think the break will be to the upside given the strength of the stock. I'm not looking for a GOOG type move here (which, by the way, is now 4-5 points higher than my selling price yesterday (grumble <g>) -- but perhaps a couple of points. We'll see what happens.
stockcharts.com[w,a]dfclyyay[db][pb50!b200!d20,2!b20!f][vc60][iUb14!La12,26,9!Lk14!Lp14,3,3!Li5,3,3!Lg!Lyb20,2.0]&pref=G |
