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Showing posts from June, 2017

My Watchlist for Friday, June 30

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( click to enlarge ) Sunshine Heart Inc (NASDAQ:CHFS) Nice big bullish engulfing candle on heavy volume today closing above the 50-day EMA. Looking good to go higher. ( click to enlarge ) Proteon Therapeutics Inc (NASDAQ:PRTO) has the perfect set up to make a nice a strong run here. The break out point would be at 1.55. With MACD now above zero and ADX heading higher, a major rally is probably coming. ( click to enlarge ) The money seems to be flowing into Conatus Pharmaceuticals Inc (NASDAQ:CNAT) again, as indicated by the OBV. The stock broke through a key resistance level today and closed above the $6 level. This could be a significant turning point for stock. Have this on your watchlist. ( click to enlarge ) Gentex Corporation (NASDAQ:GNTX) is setting up to take this resistance over 18.72 (EMA20) out. ( click to enlarge ) NXT-ID Inc (NASDAQ:NXTD) has been monstrous. Will add on pullbacks. If you want to contact me for advertising opportunities on blog or twitter, then get in touch ...

My Watchlist for Thursday, June 29

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( click to enlarge ) FireEye Inc (NASDAQ:FEYE) jumped 33 cents today and closed at 10.74 slightly below key resistance and the top line of the ascending triangle formation in which stock consolidated since May. If a breakout above the 16.25 occurs, we could see an acceleration of momentum and move toward the 17.50-18.42 area. Daily technical indicators are becoming more favorable with MACD and RSI starting to turn up. ( click to enlarge ) Catabasis Pharmaceuticals Inc (NASDAQ:CATB) finally closed above the 50 day exponential moving average (EMA) today and can potentially set-up very well for a swing-trade if the stock breaks through the key resistance level at $1.47. This could be the start of a rally to $2+ ( click to enlarge ) Spherix Inc (NASDAQ:SPEX) had a big day on Wednesday, jumping 79 cents, or 70%, on 14 million shares. That was the biggest volume in about 12 months. If it gets through the high, which is at about $2.23, this stock could explode into the stratosphere again. ( c...

My Watchlist for Tuesday, June 27

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( click to enlarge ) Hertz Global Holdings, Inc (NYSE:HTZ) after basing for several weeks broke upward today on heavy volume and closed at $10.83. I think this opens up the door for further gains. Let's see what happens tomorrow. ( click to enlarge ) Second Sight Medical Products Inc (NASDAQ:EYES) had another impressive trading session. I feel EYES looks poised to breakout in the coming sessions as attention appears to be returning to the stock via price gains and volume. ( click to enlarge ) EnteroMedics Inc (NASDAQ:ETRM) I have this stock on watch for a major breakout. Given the steady buying pressure we have seen around the $5 level, makes me think we should break the 5.15 resistance level very soon. I would not be surprised to see this stock trade back to $6 or better in the short term. Technical indicators are turning up. ( click to enlarge ) Microbot Medical Inc (NASDAQ:MBOT) closed up 6.29% on above average volume. I would keep an eye on this stock. It has been slowly creepi...

My Watchlist for Monday, June 26

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( click to enlarge ) Rewalk Robotics Ltd (NASDAQ:RWLK) broke out of a small consolidation pattern on heavy volume and could eventually rally up to test its declining 200-day EMA in the coming sessions. Looking at the technical daily chart the near-term outlook is very positive. Let�s see whether the stock can gather enough momentum to break through $2.50 next week. Congrats to all of my followers who have been trading this stock since i started covering from the 1.25 level. ( click to enlarge ) Medgenics Inc (NASDAQ:GNMX) is backtesting prior breakout. Based on this, i started a position last week. ( click to enlarge ) MGT Capital Investments Inc. (OTCMKTS:MGTI) The daily technical chart shows a stock that is right on the cusp of a big breakout. If MGTI can break through its declining 200-day exponential moving average, then I think the stock can go till 1.50 very soon. ( click to enlarge ) Microvision, Inc. (NASDAQ:MVIS) The stock broke firmly above its 50-day EMA on Friday and I thin...

My Watchlist for Friday, June 23

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( click to enlarge ) Prana Biotechnology Limited (NASDAQ:PRAN) Still on my top list. The stock is forming a cup and handle bottom pattern, which is a bullish formation. If price breaks the neckline at 2.49 we can see a fast move up to the next resistance levels of 3.05 and 3.2. Technicals are looking bullish. ( click to enlarge ) FORM Holdings Corp. (NASDAQ:FH) broke out of a small consolidation pattern on higher volume today. This will lead to a price target of 1.95-2.09. Key indicators on daily charts suggest continuation of positive bias and the stock price is likely to show further up side. On watch. ( click to enlarge ) FireEye Inc (NASDAQ:FEYE) has been in a nice bullish consolidation over the last two months and appears ready for another breakout. Keep on watch. ( click to enlarge ) Valeant Pharmaceuticals Intl Inc (NYSE:VRX) broke out in a big way on great volume. This stock continues to show strength as the rise in volume confirms the price uptick. Next resistance lies around ...

My Watchlist for Wednesday, June 21

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( click to enlarge ) Delcath Systems, Inc.(NASDAQ:DCTH) hit a low of $.002 just a few days ago. This was a stock I covered on my blog last week, as a potential bounce play. Today, the stock closed at $.022 a share. Congrats everyone who took advantage of that. From a technical standpoint, the 100-day EMA is not that far away and would represent a point of serious resistance. Keep in mind, this is a penny stock so play it like a penny stock. ( click to enlarge ) Dextera Surgical Inc (NASDAQ:DXTR) is finally starting to break out. The stock hit bottom in the low $0.17 and has started to work its way higher. It has the potential to pull a similar DCTH move. ( click to enlarge ) Prana Biotechnology Limited (NASDAQ:PRAN) I think its worth watching tomorrow. This is a great chart set-up and todays momentum could take the stock to $2.83 - $3 before weeks end. What I like about this chart after today's close is the falling wedge pattern and the curling of the MACD and ADX. ( click to enlar...

My Watchlist for Monday, June 19

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( click to enlarge ) Shares of Plug Power Inc (NASDAQ:PLUG) are clearly under accumulation at current levels as investors become familiar with this company's potential. On Friday, the broke out of a small consolidation pattern on High volume and could eventually rally up to test its recent high around the 2.70 level. The technical chart shows bullish sign with RSI above the 50% level and MACD rising. ( click to enlarge ) Recro Pharma Inc (NASDAQ:REPH) has achieved a boost during Friday�s market as traders witnessed the extreme oversold position, driving shares up 1.61%. With its support around the $5.9 levels (Possible double bottom), Friday candle proved that this support is holding nicely and that a bounce is about to take place. Daily technical indicators are showing some nascent signs of bullishness. If we reclaim the $6.5 level, i expect a rapid move toward 7.30 area. There could be good upside in REPH so watch the stock closely on Monday. ( click to enlarge ) Euroseas Ltd. (...

My Watchlist for Thursday, June 15

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( click to enlarge ) GTx, Inc.(NASDAQ:GTXI) has pulled back on low volume after a big run-up on Monday, a healthy sign suggesting that it will resume the uptrend. Plus, the stock closed slightly above the back test of the broken downtrend line on its daily chart, supporting a new leg higher. The accumulation volume is also great. I bought few shares before the close. ( click to enlarge ) pSivida Corp. (NASDAQ:PSDV) price bounced strongly after reaching and back testing the key support area at $1.63. Oversold, looking for a bounce to $2's. ( click to enlarge ) MGT Capital Investments Inc. (OTCMKTS:MGTI) is still consolidating and may still have a chance to move higher here. If the stock moves above 1.18 it could rise till 1.36-1.42. Technical indicators are in bullish zones. ( click to enlarge ) Ekso Bionics Holdings, Inc. (NASDAQ:EKSO) broke through resistance at $1.50 with huge volume, creating a significant amount of bullish potential. On the technical side, MACD and RSI all poin...

My Watchlist for Wednesday, June 14

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( click to enlarge ) Aptose Biosciences Inc (NASDAQ:APTO) Breakout on huge volume. Congrats to those that took full advantage of my pick today. The stock closed up nearly 22% on heavy volume. Any pullback to the 200-EMA offers a low risk entry opportunity. ( click to enlarge ) Boeing Co (NYSE:BA) Poised to breakout to new highs. ( click to enlarge ) Rennova Health Inc (NASDAQ:RNVA) Looks like it is getting ready for a breakout soon.. Technicals are showing bullish signals supported by rising MACD and RSI on the daily charts. Look at volume at current levels. Big volume at bottom usually means bottom. ( click to enlarge ) I have been following ParkerVision, Inc. (NASDAQ:PRKR) for a few days now and surprisingly this stock showed some strength today. A break of $2.60 with force might give room to $3.5 ( click to enlarge ) Honeywell International Inc.(NYSE:HON) Setting up nicely for new highs. Breakout Watch! If you want to contact me for advertising opportunities on blog or twitter, then...

My Watchlist for Tuesday, June 13

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( click to enlarge ) Aptose Biosciences Inc (NASDAQ:APTO finally broke the downtrend line on daily and is now on its move upwards, supported by new momentum on the MACD. Plus, the AD indicator continues to rise, indicating continuing strong accumulation. I see the next resistance in the 1.32 area. A move above this area would be viewed very bullish and could cause a nice short squeeze targeting the 1.79 area. ( click to enlarge ) GTx, Inc. (NASDAQ:GTXI) closed with a Big white (Bullish) candle. Watch the break of todays highs 6.24 ( click to enlarge ) MGT Capital Investments Inc. (OTCMKTS:MGTI) is getting ready to come out of a bullish consolidation pattern in the next few days. A close above $1.18 gets the party started. ( click to enlarge ) Plug Power Inc (NASDAQ:PLUG) is one of my favorite long term plays and the technicals are setting up in favor of the bulls. The MACD has turned up too signaling a buy and A/D continues to rise. Worth watching long above 2.19 ( click to enlarge ) C...