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Biotech / Medical : dsco Discovery Laboratories
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To: Arthur Radley who wrote (77)1/9/2006 3:51:44 PM
From: tuck  Read Replies (1) of 318
 
Breakouts . . . DSCO just now made a multi-month high, breaking out of $6.40 to $7.40 range, and looks like it might have a bit more gas before getting near-term overbought:

stockcharts.com[w,a]daolyyay[dc][pb50!b200!c50!d20,2][vc60][iUb14!Lp7,4,10!La12,26,9!Lg]&pref=G

Having sold some January 7.5 puts on the last trip to the mid $6 range, I must say I'm happy -- and I believe it's contest entry for both of us.

Cheers, Tuck
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