Tuesday May 29th Watchlist
( click to enlarge ) BlackBerry Ltd (NYSE: BB) has been consolidating in a flag formation over the last three weeks after a strong rally since the beginning of the current month. On Friday, the stock broke out of the flag pattern and closed up 18 cents to $11.75 on solid volume. A move above 11.88 would confirm the breakout and could lead to 12.51 initially and then 13.18, my secondary target. Technicals are showing bullish signals supported by positive RSI and MACD indications. ( click to enlarge ) Infinity Pharmaceuticals Inc. (NASDAQ: INFI) remains high on my radar for this week. Phase I (IPI-549 + Nivolumab � Solid tumors) data will be presented at ASCO in June 4, Abstract 3013. Technically, the stock might attempt to breakout above the $2.07 level and if it succeed we should expect a strong move to the upside. Long setup on watch. ( click to enlarge ) Neuralstem, Inc. (NASDAQ: CUR) Price should become explosive if this trendline is broken to the upside on volume. From a technical...