( click to enlarge )Twilio Inc (NYSE:TWLO) Strong breakout of resistance on volume confirmation. Excellent relative strength to broad market. Watch for continuation. Next resistance lies around the $36 level (EMA50).
( click to enlarge )Sorrento Therapeutics Inc (NASDAQ:SRNE) could be in the early stages of a technical breakout. A break through today's high on volume could lead this stock to 6-6.25 short-term. I started a position at $5.35 a share.
( click to enlarge )Catabasis Pharmaceuticals Inc (NASDAQ:CATB) Today's pullback in the price on low volume has only served to backtest the downtrend line, the bias remains bullish. Technically speaking, I feel that there is a possibility for a strong breakout to the uspide targeting the $5 area. As long as the stock can remain above 3.30. I like the stock.
( click to enlarge )Real Goods Solar, Inc.(NASDAQ:RGSE) posted a very strong bullish reversal candle on high volume today and could signal a short-term reversal of the price decline. Next resistance lies at 38c.
( click to enlarge )Dataram Corp (NASDAQ:DRAM) has been on a nice uptrend and could be ready to breakout after strong volume in the last trading session. Breakout watch over 1.73
( click to enlarge )Clovis Oncology Inc (NASDAQ:CLVS) Another one with a nice look. Poised to breakout to new highs.
( click to enlarge )Diana Shipping Inc. (NYSE:DSX) surged in the final hour of trading and closed back over 3.30. The real fireworks should begin if it can close above $3.45. The daily MACD is starting to curl upward again which should eventually lead to price increases. On watch.
( click to enlarge )DryShips Inc.(NASDAQ:DRYS) The morning rally was stalled by the resistance and market weakness. It needs to close above the EMA13 to give a new Buy signal. From a technical standpoint, indicators are looking bullish but giving mixed signals, which is usually during sideways consolidations.
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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
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AC
