Trading Alert for 7/8/2011

$OXGN - we'll give it a try tomorrow morning. Chart looks really ready and sometimes such obvious plays work out very well. (in most cases not, but sometimes.. you know :-) Check out my previous $OXGN trades in May. Two days in a row and very nice profits. Watch here - 22% profit is not bad at all.
$OXGN was up with no particular reason today. Volume was ~3x times higher than average but price only 6-7% up which is not much for this volume. So, my conclusion here is that tomorrow we will see a healthy continuation of $OXGN action. It could be a pure pump & dump speculation, BUT when I see significant volume spike, I appreciate such speculations as they are done by serious players. Check out the volume on 3-min chart. 50% of all today's trading volume was between 11:30am and noon. This is a serious bet and I will join it tomorrow morning.

Symbol: $OXGN 
Backtest Strategy: Pennystocks100 (5 min chart)
Period: July 7, 2010 - July 7 2011
# Win: 2
# Loss: 0
Winners: 100%
Profit-Loss%: +23.11%