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Showing posts from July, 2017

My Watchlist for Tuesday, Aug 01

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( click to enlarge ) Put Microbot Medical Inc (NASDAQ:MBOT) at the top of your radar screen again tomorrow. The stock broke out above its key resistance at $1.34 today trading as high as $1.50 and then closing back at $1.44. A break through today's high could lead this stock to 1.72-1.75 short-term. On watch. ( click to enlarge ) Roka Bioscience Inc (NASDAQ:ROKA) Setting up a possible resistance breakout trade. Go long on the break of Monday�s high at 2.77. Indicators are turning up. Love the price action on this. ( click to enlarge ) I think in the short-term Clean Diesel Technologies, Inc. (NASDAQ:CDTI) will bounce nicely off this bottom. Looking to see if stock can get over $2.4 for nice bounce into 2.8's ( click to enlarge ) Sierra Oncology Inc (NASDAQ:SRRA) Another one with a nice look. Go long on the break of Monday�s high at 1.52 ( click to enlarge ) Constellium NV (NYSE:CSTM) showed buying strength all day on Monday. Watching for $8.90 breakout. ( click to enlarge ) Cy...

Six Chart set-ups to watch next week

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( click to enlarge ) CytRx Corporation (NASDAQ:CYTR) closed the week with a clear bullish tone in its daily chart, paving the way for potentially massive breakout. A move higher above 1.10 (into the gap zone) would signal a breakout, with a next target of around $2 area. Yesterday was a big accumulation day. Let the profits run using the rising EMA200 as stop. ( click to enlarge ) 22nd Century Group Inc (NYSEMKT:XXII) The stock is on the way to test the $2 level again. It could be gearing up for a nice continuation next week, so make sure to take action and do not miss out on this opportunity. A reversal may be on the way. I will use 1.55 as stop. ( click to enlarge ) AEterna Zentaris Inc. (NASDAQ:AEZS) After typical pullback the stock has found a nice around its EMA9 and might be reversing (bouncing). It might attempt to breakout above $2.35 level again next and if it succeed we should expect another strong move to the upside. ( click to enlarge ) Advanced Micro Devices, Inc. (NASDAQ...

My Watchlist for Friday, July 28

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( click to enlarge ) TearLab Corp (NASDAQ:TEAR) had a big surge in price and volume last week. The stock has consolidated over the last couple of days in a bullish pennant formation and appears ready for another breakout. The stock hit a high of $3.13 today, which is resistance for next leg up. If the stock can break through this level, I expect to see a strong upside move. A/D chart shows serious accumulation. I used today's pullback to add. ( click to enlarge ) Qualstar Corporation (NASDAQ:QBAK) has pulled back to test the 95.50 S/R region and a hold above this level would support bullish continuation. The recent breakout on volume, combined with the high short interest, could play out well for stockholders here. I bought few shares today. ( click to enlarge ) Thursday was big day for GNC Holdings Inc (NYSE:GNC) as it broke the key horizontal resistance line mentioned above. I would really like to see some follow-through tomorrow. If it does not blast out of the gates, a buy on t...

Small caps on my watchlist for Tuesday 25 July

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( click to enlarge ) Adding Interpace Diagnostics Group Inc (NASDAQ:IDXG) to my watchlist again. The stock surged more than 14 percent yesterday accompanied by a good volume expansion. The stock is showing signs of bottoming out on daily charts along with all key momentum indicators giving positive signals. Gap over 1.03 with an initial target 1.38 (closing gap). ( click to enlarge ) ChinaCache International Holdings Ltd (NASDAQ:CCIH) Over the past two months trading this stock has formed a Falling Wedge pattern on low volume and the risk to reward ratio points strongly to a bullish reversal. Break of resistance around the $1 area could lead to a new short term momentum toward 1.46. Keep the stock on your radar. ( click to enlarge ) Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) Good upside volume the last two days. A breakout could be coming soon. Look at the A/D indicator on the chart above, that is serious accumulation. ( click to enlarge ) MabVax Therapeutics Holdings, Inc. (NASDAQ:MB...

My Watchlist for Monday, July 24

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( click to enlarge ) I hope everyone is enjoying a great weekend with family and friends. I am sure you are eagerly awaiting the market�s open Monday and getting ready to start the week with a profitable trading session. Today, i will start with a stock that im following closely. Ampliphi Biosciences Corp (NYSEMKT:APHB) is a bounce play set for a big breakout. Technically, it has been forming a cup and handle bottom since May and is flirting with key resistance at 1.10 level. The stock is beginning to see strong accumulation this month and something has to give. It appears to have very little resistance pass $1.10 and if strong momentum comes next week we could see a possible big breakout. ( click to enlarge ) Shares of TearLab Corporation (NASDAQ: TEAR) skyrocketed 89% on Friday to $3.34 after receiving European regulatory clearance for next-generation Tearlab Discovery System. Looking at the technical daily chart above we can see that next major resistance is now located at $4.02, wh...

My Watchlist for Thursday, July 20

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( click to enlarge ) BlackBerry Ltd (NASDAQ:BBRY) broke out of a base pattern to the upside on volume expansion. The Daily MACD just gave a crossover buy signal and the RSI is rising. We might have seen the bottom and ready for a sustain rally. ( click to enlarge ) MagneGas Corporation (NASDAQ:MNGA) is a low float stock to keep an eye on. The stock is setting up nicely to break out. Next buy point would be on the day it blows through $1.41 on heavy volume. The daily technical indicators are looking Bullish. ( click to enlarge ) Celsion Corporation (NASDAQ:CLSN) The price action is creating a potential/temporary bottom. A rise above the $1.92 level tomorrow should confirm the reversal. ( click to enlarge ) International Game Technology Ordinary Shares (NYSE:IGT) has formed a resistance around the 19.15 zone. Watch to enter long on a break above this key resistance area. Momentum indicators are rising on daily charts. ( click to enlarge ) Marinus Pharmaceuticals Inc (NASDAQ:MRNS) has be...

My Watchlist for Tuesday, July 18

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( click to enlarge ) CombiMatrix Corp (NASDAQ:CBMX) Put this stock at the top of your radar screen tomorrow. The stock broke out today above its key resistance at $5.60 trading as high as $5.85 and then closing back at $5.80. A break through today's high could lead this stock to 6.5-6.62 short-term. RSI and MACD returned to the Bullish area, the ADX is starting to rise again. Based on this, I believe that this low-float stock could easily reach $6.5 this week. ( click to enlarge ) xG Technology Inc (NASDAQ:XGTI) is part of my portfolio and I intend to stay with it. Honestly and based on this technical daily chart, i think we are on the verge of a possible range breakout in the shares of XGTI. The breakout could happen any day. The chart above shows very bullish sign as the stock is on top of short/medium-term EMAs with 20-day EMA on top of 50-day EMA. In addition, ADX remains bullish while MACD is gaining momentum and is starting to signal the beginning of a trending change. The R...

My Watchlist for Monday, July 17

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( click to enlarge ) Vodafone Group Plc (NASDAQ:VOD) The recent consolidation is nearing an end and this stock could be ready to embark on its next leg higher. I'd look to the $20.25 level moving as the next buy point. If it passes that, then we have room to run to $30 ( click to enlarge ) Freeport-McMoRan Inc (NYSE:FCX) Watch Monday's action for a possible breakout over $12.69. The daily technical chart above is showing a slightly bullish momentum again. Let�s see whether it can gather enough momentum to break and close above this key resistance price level next week. If the Bulls are able to push through this level, there will be another rally towards 13 ( click to enlarge ) E I Du Pont De Nemours And Co (NYSE:DD) Small bullish flag formation. If the stock can close above $85 next week, then expect more upside. ( click to enlarge ) American International Group Inc (NYSE:AIG) is a stock to watch closely next week. It has a big resistance range at 64.24/64.53, which is where we...

My Watchlist for Thursday, July 13

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( click to enlarge ) Biocept Inc (NASDAQ:BIOC) started to breakout on Wednesday nearing almost the $1.40 level. It closed at $1.43 on volume above average and I think the confirmation of the breakout tomorrow would bring $1.85 and better into focus. From a technical standpoint, the RSI is now moving higher and the MACD continues pointing up. Plus, the daily ADX flashed a buy signal. Based on this, all signs are pointing to a nice rally. Lets see if I'm right. ( click to enlarge ) Sino-Global Shipping America, Ltd. (NASDAQ:SINO) is really starting to garner some attention from investors again. This stock broke an important resistance on volume and seems to be heading towards another key resistance level around the $3.56 area. Add this small cap to your watch list if you have not already done so. ( click to enlarge ) Senseonics Holdings Inc (NYSEMKT:SENS) had another impressive trading session today. The stock looks poised to breakout above the declining EMA200 as attention appears t...