As a trader, one of the first things I look for when deciding what to trade and when is pull backs in a bull trend. The reality is that a bullish trend isn’t likely to suddenly change directions overall; however, it’s not unlikely to see pull backs in the value here and there during the run. So, pull backs are generally great buying opportunities; and I’ve caught a few in the market today. With that being said, here are several strong buying opportunities that you can take advantage of…
MannKind Pulls Back | Declines Won’t Last
MannKind Corporation (NASDAQ: MNKD)
If you follow my writing, you know that MannKind is one of my favorite stocks to follow. While it was dealt a bit of a bad hand months ago, MNKD started a bullish run a couple of weeks ago as the result of survey results published by Jefferies. The survey that started the bullish run showed that endocrinologists have not only heard of MannKind’s Afrezza, but plan on using it in the future. As we’ve seen in the run a few times so far, the value of MNKD is pulling back slightly today; opening a great door to enter into the gains through. However, the pull back isn’t likely to last long; so if you’re interested, get in on the gains while you still can.
Aoxing Pharmaceutical Company To Explode Around 3pm
Aoxing Pharmaceutical Company Inc (NYSEMKT: AXN)
Aoxing Pharmaceutical Company stock had an amazing day in the market yesterday. Fueled by excitement about an announcement that’s set to happen at 3pm today at the New York Stock Exchange, investors pushed AXN to gains of more than 60%. However, the stock is pulling back at the moment as we wait for 3pm to hit. When the announcement happens, the stock is likely to soar. So, watch the pullback and look for signs of a change in price movement direction. When it starts going positive; you’re in it to win it!
Oculus Innovative Sciences Is Also Pulling Back | Gearing Up For Gains
Oculus Innovative Sciences, Inc. (NASDAQ: OCLS)
Oculus Innovative Sciences stock has had a great time in the market recently. However, following the recent bullish run, the stock seems to be taking a bit of a break today as we’ve started to see pull backs. Again, long term trends aren’t likely to change directions. So, since OCLS is on an uptrend, we can expect that the trend will continue upward after this pull back. So, this is another stock to watch closely. When it hits support, the buying opportunity is presented.
Synergy Pharmaceuticals Stock Is Also Presenting An Opportunity
Synergy Pharmaceuticals Inc (NASDAQ: SGYP)
SGYP had a relatively strong run on Friday followed by another decent bullish day yesterday. However, in morning trading today, the stock fell quite a bit. Although we did see a bit of a recover after this morning’s dip, it seems as though we’re going to see another dip relatively soon. So, watch this one closely for another buying opportunity as the bullish trend is likely to continue late today or tomorrow.
Do You Know Of Any Good Buying Opportunities?
If so, let us know in the comments below!