With ten days left in December of which only six are open for trading, two of
these stocks PWAV and AONE have been beaten down by big sellers and are
positioned to move back up in 2012. The third stock however, ZLCS, is showing a
powerfully continuation pattern and appears as if it wants to make a move this
week. All of them are possible trades before and after the holiday. Powerwave
Technologies ( NASDAQ:PWAV ) engages in the design, manufacture, marketing, and
sale of wireless solutions for wireless communications networks worldwide. I
like this company in 2012 and think itll draw the attention of institutions
again. Ill be looking to accumulate shares just above the recent low and see
what 2012 brings. A123 Systems ( NASDAQ:AONE ) engages in the design,
development, manufacture, and sale of rechargeable lithium-ion batteries and
battery systems worldwide. Big and I mean big sellers are moving out of this
stock. Hard to say if this is the 2011 bottom but you better believe Im watching
close for technical entry. I think AONE could be a steady climber in January and
Id like to be in near the bottom if possible. Be careful though, there could
still be some big sellers lurking. Zalicus ( NASDAQ:ZLCS ) is a
biopharmaceutical company, engages in the discovery and development of drug
candidates focusing on the treatment of pain and inflammation. Talk about a
continuation pattern, this is a technical masterpiece. Whether it catches or not
is the key but right now it appears ZLCS wants to make a move to $1.54
resistance again. With support at $1.25 the risk seems worth the reward and this
is a trade I might consider today if big bidders show up.
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