6 Chart Set-ups to Watch on Wednesday
Hi everyone,
Chart Set-ups to Watch on Wednesday
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Shares of Infinity Pharmaceuticals Inc. (NASDAQ:INFI) broke out of a bullish consolidation pattern that has been a pause in its steep more than 60% up move in December. Look for follow-through on Wednesday with increasing volume to confirm today's move.
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Ventrus Biosciences Inc (NASDAQ:VTUS) broke out above its resistance level today and surged considerably higher amidst impressive buying pressure. The stock is getting some buying and looks poised to post some nice gains if the buying volume persists. I expect VTUS to continue to gain investor interest going forward. Keep it on your watch list tomorrow.
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Strong breakout on Rambus Inc. (NASDAQ:RMBS) with strong volume. Momentum picking up with MACD climbing and RSI rising. Look for a quick run to $6.10 then on to $6.18
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The dip last week to $15.55 might have been an amazing opportunity for investors to buy a few shares of OmniVision Technologies, Inc. (NASDAQ:OVTI). A break of $16.3 with force might give the stock room to $17.
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Gevo, Inc. (NASDAQ:GEVO) The 20-day EMA has been acting as a strong support for the stock and only break below the same could open doors for further weakness.
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Microsoft Corporation (NASDAQ:MSFT) has just closed above its 200-day EMA for the first time since November. This will bring in new eyes on Wednesday for sure. The short-term uptrend is intact and signals further bullishness on this stock.
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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.
Thanks for visiting AC Investor Blog.
AC
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.
Thanks for visiting AC Investor Blog.
AC
Labels: GEVO, INFI, MSFT, OVTI, RMBS, VTUS
