Stocks to Watch for January 17, 2014
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WidePoint Corporation (NYSEMKT:WYY) closed strong on Thursday, as the stock ended the day at highs. The technical daily chart shows a continuation of the trend with MACD and RSI in the Bullish areas. This stock is on the top of my watch list due to the recent price action, volume and momentum.
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Biotech stocks continue to move higher and GTx, Inc. (NASDAQ:GTXI) is getting ready to retest September highs. The stock hit $2.36 on September 20th 2013, which is resistance for its next move. The daily chart of GTXI suggests a strong confidence in stock, a clear uptrend momentum. The accumulation/distrubition indicator is also tredning higher. Long setup. Stop 1.72
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The stock price of Baxano Surgical Inc
(NASDAQ:BAXS) looks strong enough to move forward. The recent increase in trading volume and the rising OBV suggests buyers are accumulating the stock. A breakout above $1.35 would constitute a technical entry point for the short-term trader, looking for a quick trade.
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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) The chart is showing a slightly bullish bias. Let’s see whether the stock price can gather enough momentum to break through 6.97. If the Bulls are able to push through this level, there will be another rally towards 7.75.
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Stemline Therapeutics Inc (NASDAQ:STML) The stock price is showing signs of a potential reversal trend. Looking for a breakout above 22.23
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Super Micro Computer, Inc. (NASDAQ:SMCI) The stock broke resistance on Thursday, which should be the start of another upside move. Resistance is $18.19, which reflects Thursday’s high of the day.
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Teck Resources Ltd (NYSE:TCK) needs to take out 26.21 in order to convince bullish buyers at these levels.
During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
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
During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
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: ARIA, BAXS, GTXI, SMCI, STML, TCK, WYY
