Few trade ideas for the last day of January - KeyCorp (NYSE:KEY)

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KeyCorp KEY is on the verge of a breakout. The stock has been holding at support $9.07 but facing resistance at $9.50. I wouldn't be surprised if this stock finally gives investors what they have been waiting for. KEY will move very quickly, so keep a very close eye on the stock.

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What a rally for Zalicus Inc ZLCS late in the day. We have to believe that this rally will resume in earnest tomorrow. I feel a rally to $.83 and better is in the cards short term. The Accumul/Distrib line is moving up, it means the stock is being accumulated.

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Hemispherx BioPharma, Inc HEB looks right on the verge of a breakout. The MACD is moving up showing positive momentum while KD line also show buy signal as %K line is on top of %D line. Keep an eye for a possible breakout over $.31

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Elan Corporation, plc (ADR) ELN Nice breakout with decent volume. Momentum picking up with MACD climbing and RSI rising. Look for a quick run to $10.66 then on to $11. Stop loss 9.74

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