FUQI,,,,, I May Have Been Too Cautious

FUQI broke thru it's 52 Week High on HUGE Volume to close up nearly 17% for the day. This is a great sign but stay vigilant as this may be just a fake break-out. As seen in FUQI's chart, the last gap-up we had led to a pullback but the May 15th gap-up led the way to a HUGE run. Our 20 and 50 dma's are running upwards while our 200 dma has just begun to sweep upwards. These are good signs. 

The 4.6 million shares traded today is the highest volume since FUQI IPO'd. 

Overall everything looks great but in this market it pays to stay alert and protect your profits...

XIDE up 17.7% on the day - protect profits and proceed with caution

CPST up 11.8% on the day - protect profits and proceed with caution

ABIO up 3.7% on the day - stay alert

NCS still trudging upwards 1.4% on lower volume - stay alert

BIDU appears to still be in consolidation phase - on watch 

WNR still Pinching - on Watch List

HANS still on Watch List

ANCI faltering but still on Watch List

LNG faltering

SUSQ still playable.