Stocks to Watch for January 30, 2014
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Gevo, Inc. (NASDAQ:GEVO) performed well today, closing up 10% on heavy volume and I expect to see a continuation move tomorrow. First resistance is now located at $1.40, which reflects its 50-day EMA. Once the stock breaks resistance, I expect to see the buyer push the stock higher. The daily technical indicators are reversing up and are advocating for a technical rebound. Long setup.
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Stereotaxis Inc (NASDAQ:STXS) The stock looks to be forming a Cup-and-Handle pattern on daily, with the handle not yet formed. The bias is Bullish in nearest term. A break above 5.85 on a close basis should be seen as a serious threat for the stock to test the highs of October. Immediate resistance is seen at 5.4/5.52 area.
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Onconova Therapeutics Inc (NASDAQ:ONTX) showed buying strength all day on Wednesday. The stock price is on the verge of breaking out and it could happen soon. The volume dramatically increased as the stock ran to near its major resistance, showing us there are buyers watching the stock. If it breaks 13.90 the stock will absolutely fly into the 15's right away.
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Illumina, Inc. (NASDAQ:ILMN) broke out to all-time highs during today's session to $154.99 per share, however in the final hour the stock price retracted closing at $146.67. Let's see if tomorrow the stock will confirm intraday breakout.
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Prothena Corporation PLC (NASDAQ:PRTA) Setting up nicely for new highs. MACD starting to point up. Long setup.
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: GEVO, ILMN, ONTX, PRTA, STXS
