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Showing posts from December, 2017

Stocks to keep an eye on Thursday, December 21

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( click to enlarge ) BlackBerry Ltd (NYSE:BB) broke the neckline of this cup with handle pattern accompanied by strong volume. The upside target of the pattern is $15. Long-term technical indicators are improving and the MACD on the daily chart recently produced a new buy signal. If the stock can break today�s high of $12.36, we should see a strong follow through move tomorrow. BB will move very quickly, so keep a very close eye on the stock. ( click to enlarge ) Superconductor Technologies, Inc. (NASDAQ:SCON) successfully broke the resistance at $1.15 and the downtrend line confirming a reversal from the previous downward trend. From the technical daily chart KD line shows positive signals as %K line is rising on top over %D line, and RSI continues moving up. I suspect the stock may continue to appreciate over the coming sessions. ( click to enlarge ) Pernix Therapeutics Holdings Inc (NASDAQ:PTX) is on high alert. There is a high probability that the stock will finally break this down...

Here are few stocks to watch next week

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( click to enlarge ) Roku Inc (NASDAQ:ROKU) continues to show a lot of strength. On Friday, the stock broke the pennant formation on volume double than the average, closing at new all-time highs. These signs show high probability for continuation of the current uptrend momentum in the next week. The stock hit a high of $53.17, which is now resistance for Monday�s continuation move. ( click to enlarge ) Riot Blockchain Inc (NASDAQ:RIOT) is another stock that continues to perform well. It has bounced nicely in the last two trading sessions but the price needs to break this consolidation area to expect another move to the upside. Any close above the 29.49 level next week shall be considered a sign of strength. Tight stops should be considered. ( click to enlarge ) Crocs, Inc. (NASDAQ:CROX) Solid breakout with volume expansion. I'm looking for a continuation move on Monday. Buyable on a pullback to the pivot. ( click to enlarge ) The recent pull back on BlackBerry Ltd (NYSE:BB) create...

My Watchlist for Wednesday, December 13

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( click to enlarge ) Cisco Systems, Inc. (NASDAQ: CSCO) Looking good, making new highs. The stock hit a high of $38.10 but failed to close above the $38 level again. I expect to see a high volume move once the stock breaks through the highs, as traders are watching this stock closely. ( click to enlarge ) TherapeuticsMD Inc (NASDAQ: TXMD) Good winner today. This one needs to make new highs on heavy volume to be a long play. Call options were active. ( click to enlarge ) Recon Technology, Ltd. (NASDAQ:RCON) shares gained more than 14 percent, closing near its highs of the day on solid volume. The stock broke through resistance and out of a falling wedge pattern (Bullish). The technical daily chart shows bullish signals as both MACD and KD are now going up and the stock closed above the 200-day EMA. If it breaks $1.37 tomorrow the stock will absolutely fly into the 2's right away. Im long. ( click to enlarge ) Sunshine Heart Inc (NASDAQ:CHFS) I still like this stock for a nice reboun...

Have a look at these stocks and put them on your watchlist for next week

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( click to enlarge ) Uniqure NV (NASDAQ: QURE) has been in a consolidation over the last 7 weeks in the 14.5-16.3 range after a big surge in price and volume in October. Yesterday, broke above the key resistance area, closing at 17.82 on decent volume, thus confirming that the stock has renewed momentum. In the coming trading sessions we could see extension of this new momentum towards the $20 area. ( click to enlarge ) MoSys Inc. NASDAQ: MOSY bounced nicely from its 100-day EMA yesterday on solid volume. A successful retest of the major supports/breakout zones is usually a good time to buy. It indicates the start of a new uptrend and offers investors an entry with low-risk. Momentum could move stock to the 1.55 area in the next few trading days. ( click to enlarge ) MagneGas Corporation NASDAQ: MNGA is another stock that absolutely deserves to be brought to my readers attention. This stock is in the process of bottoming and I expect a pop above 50c at some point in the coming days. Th...

Stocks on my Watchlist for Next Week

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( click to enlarge ) Ekso Bionics Holdings Inc rebounded from its 200-day EMA located at $2.22 and closed gaining nearly 3% on Friday, which is a bullish sign. I'm watching the stock to breakout the resistance level at $2.5 which will tell us that the current down trend should be over. Keep EKSO in your watchlist. ( click to enlarge ) Eyegate Pharmaceuticals Inc rebounded nicely last week from the support line and retested the 100-day EMA on Friday. The volume was strong and the accumulation/distribution line has turned up, which is a clear sign that the money is flowing into the stock again. If it breaks the 1.24 level on Monday, the first target is $1.43 which is also the 200-day EMA followed by 1.60 (to fill the gap). FDA data coming soon. This is a stock worth watching into next week. ( click to enlarge ) Versartis Inc broke out on huge volume. The stock showed some nice strength on Friday despite the market was down. If this technical daily chart does what is supposed to do, ...