Objective Forex: 21st Dec Market Plays

Sunday, December 20, 2015

21st Dec Market Plays

We have some nice plays for this holiday week.

In Forex we have short term bounce play.

LONG USDJPY at 121.1

For stocks we are still seeking some solid safe plays but these will be slightly more volatile than normal.

SKLN Skyline Medical is trading with thin volume closing at 3.13 suddenly after briefly flirting with 4.00 for a large pop gain. Monday should see buying pressure for another gain.

ROKA Roka Bioscience is yet another biotech which has had a solid upward trend for the last 5 days from 1.18 to 1.40. This trend looks to continue.

ABUS Arbutus Biopharma has also been cruising upwards with strong tend from 4.30 to 5 and should be a safe long term investment at these levels. 

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