Posts

Showing posts from April, 2017

My Watchlist for Thursday, April 27

Image
( click to enlarge ) Kalvista Pharmaceuticals Inc (NASDAQ:KALV) Low float stocks have been skyrocketing and this one looks ready to make a move. The technical chart shows indicators of a major bounce opportunity and the way the stock traded today I think we have the potential to see steady gains tomorrow and into Friday. The stock broke out of a large falling wedge pattern on volume, closing at the highest price in almost 3 weeks. If momentum continues, we could see the stock hit +$10 over the next couple of sessions. The Accumulation/Distribution line has been in a significant uprend = under accumulation. On radar. ( click to enlarge ) Still holding this low float stock. The pullback seems to be done. Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) could be on the cusp of a nice breakout to the upside. ( click to enlarge ) Aurinia Pharmaceuticals Inc (NASDAQ:AUPH) is quietly gaining momentum again. There is a good chance the price could breakout of its recent sideways trend and scale h...

My Watchlist for Tuesday, April 25

Image
( click to enlarge ) MYOS RENS Technology Inc (NASDAQ:MYOS) has been basing for several days above its major support and the price action is showing signs of a reversal after its pullback. The positive divergences on indicators leads me to believe that we could witness a huge upward movement. Nice base in place. $4 first target on breakout triangle then the 5.50 area. ( click to enlarge ) BlackBerry Ltd (NASDAQ:BBRY) shares recorded a new 52-week high level yesterday and the current short squeeze might take the stock closer to the 11.5-12 range. This stock has a history of huge rallies and looking at the weekly chart, the possibility of a new 100% valuation in just few weeks cannot be ruled out. ( click to enlarge ) Vical Incorporated (NASDAQ:VICL) Broke the downtrend line on the daily and closed back above the EMA100. Watch for continuation. ( click to enlarge ) InterDigital, Inc. (NASDAQ:IDCC) after basing during the past weeks the stock witnessed fresh buying on Monday, closing the ...

My Watchlist for Monday, April 24

Image
( click to enlarge ) Clean Diesel Technologies, Inc. (NASDAQ:CDTI) broke out Friday on a higher then average volume after two months of consolidation. The stock is likely to continue with momentum toward the next resistance at the 3.55 level and then 4.30. Technical indicators signal a positive momentum for the stock. If history repeats itself, we could see another strong rally next week. ( click to enlarge ) FireEye Inc (NASDAQ:FEYE) watch for a potential breakout of resistance and successful re-test to confirm further bullish view. If breakout occurs the next target level is in 13 area. ( click to enlarge ) Twitter Inc (NYSE:TWTR) chart also suggests possible reversal above horizontal resist level at 14.78 ( click to enlarge ) pSivida Corp. (NASDAQ:PSDV) watch for a possible breakout out of the current downtrend line. I got the feeling that a very strong breakout is imminent. Momentum is picking up with MACD climbing and RSI rising. Look for a quick run to $2.10 ( click to enlarge ) ...

My Watchlist for Friday, April 21

Image
( click to enlarge ) Tremor Video Inc (NYSE:TRMR) share price has been correcting the rise from 1.60 to 2.76 in a large descending channel over the last 4 months. Today, the stock broke out of this pattern and closed up 14 cents to 2.15 on heavy volume. A move above 2.19 tomorrow would confirm the breakout and could lead to 2.5 initially and then 2.76, my secondary target. Now with stock back above 50-day and 200-day EMAs there should be more upside coming for the stock. ( click to enlarge ) pSivida Corp. (NASDAQ:PSDV) also looks great technically. $1.81 is an important resistance that once broken will set off a huge run up in stock, the 1st target would be $2.16 which is the high of January. ( click to enlarge ) BlackBerry Ltd (NASDAQ:BBRY) is close to attempting another breakout. This strength is confirmed by price movement as well as the momentum indicators. The high level of shorts will add fuel to fire. ( click to enlarge ) ImmunoGen, Inc. (NASDAQ:IMGN) had a nice bullish momentu...

My Watchlist for Thursday, April 20

Image
( click to enlarge ) Shares of Vuzix Corporation (NASDAQ:VUZI) are starting to heat up and are worth watching. My buy order got triggered when the stock finally broke out of this falling wedge pattern. The breakout was confirmed by a daily close above the EMAs 9 & 13, as well a sharp increase in volume. The accumulation/distribution line is also starting to curl upward, which should eventually lead to price increases. Keep VUZI on your watch list going forward, low float stock, can move quickly. Next resistance lies at $6.75 ( click to enlarge ) Ritter Pharmaceuticals Inc (NASDAQ:RTTR) appears to be forming a bottom. Technical indicators are also turning up. Over 1.10 this could move fast. ( click to enlarge ) Skyline Medical Inc (NASDAQ:SKLN) successfully close above the key resistance level of 2.42 on very impressive money volume. This is a very bullish development for Thursday. Short-term technical indicators are also strong. If the stock can break today�s high of $2.59, we shou...

My Watchlist for Tuesday, April 18

Image
( click to enlarge ) It looks like Superconductor Technologies, Inc. (NASDAQ:SCON) is gonna squeeze more shorts tomorow morning. The stock broke out of a bullish flag consolidation pattern on heavy volume today and if it breaks the declining EMA200 at 2.21 the next leg up could be explosive (next major resistance is above 3.50). All daily technical indicators are in Bullish zones. ( click to enlarge ) Soligenix, Inc. (NASDAQ:SNGX) made a nice move today and it was with an increase in volume, which shows us there are buyers in the stock for Friday's event. Let's keep an eye on SNGX as i think momentum will pick up again. ( click to enlarge ) Globalstar, Inc. (NYSEMKT:GSAT) finally broke through the critical 1.86/88 area on solid volume. The uptrend is intact and signals further bullishness on this stock. GSAT hit a high of $1.96, which is resistance for Tuesday�s move. If the stock can break through resistance, we should see a follow through move. Watch the stock closely tomorro...

My Watchlist for Monday, April 17 - HAPPY EASTER !!

Image
( click to enlarge ) Amicus Therapeutics, Inc. (NASDAQ:FOLD) is on breakout watch after multi-month consolidation above its major exponential moving averages (50&200). Buy point is on the day it breaks the upper line of the triangle on volume. Keep on watch for higher prices. ( click to enlarge ) Soligenix, Inc. (NASDAQ:SNGX) This biotech stock should be on everyone's radar next week. Senior Vice President and Chief Financial Officer will present a company overview entitled, "Rare Disease Treatment in Cutaneous T-cell Lymphoma and Oral Mucositis" at the World Orphan Drug Congress USA on Friday, April 21. After being trading in a bearish tone in the past 3 weeks, the stock appears to making a comeback in favor of the bulls. Price dropped near 2.30 per share and made a quick and nice jump near 2.69/share. Once the stock registers a breakout above the 2.69 level, there could be a strong rally to higher levels. Im long for next week. ( click to enlarge ) There are some si...

My Watchlist for Wednesday, April 12

Image
( click to enlarge ) Shares of Qualstar Corporation (NASDAQ:QBAK) are starting to heat up again and are worth watching. My buy order got triggered today when the stock finally broke out of the falling wedge formation. This breakout was confirmed by a daily close above the EMA100, as well a sharp increase in volume. Plus, the accumulation line is also starting to curl upward which should eventually lead to price increases. Keep it on your watch list going forward, low float stock, can move quickly. Next major resistance lies at $6 ( click to enlarge ) Ritter Pharmaceuticals Inc (NASDAQ:RTTR) Possible bottom play. I went long at 96c and 1.05 with a stop loss at 90c. ( click to enlarge ) New Gold Inc. (NYSEMKT:NGD) Nice breakout today on good volume. Go long on the break of Tuesday�s high at 3.25 ( click to enlarge ) Broadwind Energy Inc. (NASDAQ:BWEN) broke out of a consolidation with good volumes. Keep on watch for higher prices. If you want to contact me for advertising opportunities o...

My Watchlist for Tuesday, April 11

Image
( click to enlarge ) If GoPro Inc (NASDAQ:GPRO) can break out above $8.81 (declining EMA50) on volume, I think the stock could shoot up to test the $10 area. There looks to be good upside potential, so watch the stock very closely on Tuesday. ( click to enlarge ) Congratulations to those who took full advantage of SemiLEDs Corporation (NASDAQ:LEDS) alert at 3.60 on twitter. It delivered huge gains and closed up near the day�s high. If the stock can break Monday�s high of $4.4, we should see a strong follow through move. Next major resistance level lies around $5 ( click to enlarge ) Uranium Resources, Inc. (NASDAQ:URRE) jumped 8.95% today finishing the session near the highs of the day on high volume, suggesting buyers are stepping in. The move puts this stock in high probability of a breakout above key resistance in the 2.21 area. If the stock breaks today's high, the momentum could move stock to the $2.7 area. ( click to enlarge ) Skyline Medical Inc (NASDAQ:SKLN) is picking up m...