Jazz Pharmaceuticals (JAZZ)

[stocktrader001]

Uh-Oh....More Than Just a Little Trouble for DRYS, KRO, and JAZZ

It's not that I don't recognize it takes no guts to point out bearish stocks on a bearish day like today. Let's face it through - some stocks are a lot more vulnerable than others. Here's a look at three from that 'highly vulnerable' group that may have started serious downside moves on Wednesday.

In an ironic twist, small cap stock Jazz Pharmaceuticals, Inc. (NASDAQ:JAZZ) is becoming a victim of its own success. Gaining more than 300% since June of last year, this pharma name has been over-extended for months; the 100% separation between it and its 200-day moving average line is almost unheard of.

Of course, the price is being paid now, and things are apt to get worse for JAZZ before they get better. Thanks to today's 7.6% dip (so far), the stock's now under its 50-day moving average line for the first time in many, many months. That alone is a big sell signal, and when all those previous buyer start seeing their profits threatened, Jazz Pharmaceuticals will likely see a nasty wave of profit-taking.

http://www.smallcapnetwork.com/Uh-Oh-More-Than-Just-a-Little-Trouble-for-DRYS-KRO-and-JAZZ/s/article/view/p/mid/1/id/1794/