( click to enlarge )
Currently, First Solar, Inc. (NASDAQ:FSLR) is flagging near resistance
after attempting a breakout. With over 45% of the float being
short ( 25 Million of shares ), a move above $28 could trigger a
sharp move higher. From a technical standpoint the chart also indicates bullish sign as the
50-day moving average has crossed above 200-day moving average with OBV
going up and MACD in positive territory.
( click to enlarge )
Nice breakout on Sanmina Corp (NASDAQ:SANM) with strong volume. Momentum
picking up with MACD climbing and Accum/Dist rising. Look for a quick
run to $10.24 then on to $11.22
( click to enlarge )
Stalking. I'd like to see Amarin Corporation plc (NASDAQ:AMRN) close over 13 before getting involved. The chart indicates bullish sign with RSI going up and MACD in positive territory.
( click to enlarge )
Keeping my eye on NuPathe Inc (NASDAQ:PATH). Strong upside volume the
last two sessions. Any close above 3.50 with volume may see the stock
testing earlier highs of 3.86/4.1 levels
( click to enlarge )
Centene Corp (NYSE:CNC) had a nice breakout today. If the stock can break today’s high of $45.72, we should see a strong
follow through move.
( click to enlarge )
Pandora Media Inc (NYSE:P) closed slightly under the 50-day moving average, a close above this level would be bullish. The technical chart continues to show a bullish
bias. The MACD line is pointing up with RSI increasing and above the 50% level. The 50-day MA needs to be crossed to
give rise to the next leg up. Only a close above this level would warrant liquidation of short positions.
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This is not an investment
advisory, and should not be used to
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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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Labels: AMRN, CNC, FSLR, P, PATH, SANM