AXK (long)

There are quite a few stocks in Diagnostic Substances making some pretty nice moves yesterday and today. AXK is one you may want to set an alert on for a sympathy play.

Out of the 25 stocks in this sub-sector, there are very few with any sort of volume, so while there are some nice looking charts, I can't feature a stock that trades 10,000 shares a day. AXK is typically above 100k on very light days, well over a a million on heavier days. It's been setting up in a nice triangle and is close to resistance/breakout level. I'd set an alert for a move above $4.10-$4.15. Depending on your risk tolerance, you can put a stop just under $4 or give it a little more room. Any double digit gains in a matter of a day or two, I'd book at least a portion of with a trailing stop on the rest. The price pattern itself suggests a target of $6.25 or so.