Jump to content



Photo

XenoPort, Inc. (NASDAQ:XNPT) - Squeeze


  • Please log in to reply
No replies to this topic

#1 Costa

Costa

    Member

  • Traders-Talk User
  • 660 posts

Posted 27 July 2012 - 12:48 AM

I had this stock on my watch list and it did not disappoint. Congrats everyone who bought XenoPort, Inc. (NASDAQ:XNPT) when I put out an alert on it this Tuesday, check 5 swing trade ideas to watch . The stock has gained more than 35% value in the last three sessions. XenoPort shares are clearly under accumulation as traders become familiar with this company's potential. The accumulation line continues to scale new peaks as somebody out there gets extra-hungry for XNPT at these levels. The stock hit a high of $8.50, which is now resistance for Friday’s continuation move. If the stock can break through resistance, we should see another strong upside move. XNPT will move very quickly, so watch the stock closely on Friday.

Posted Image
Costa
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.