Stocks to Watch for April 04, 2014
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Catalyst Pharmaceutical Partners, Inc. (NASDAQ:CPRX) started trading steady high volume over the last few days, what looks exactly like the start of a possible bull run. Technical daily chart is also showing Bullish Technicals across the board with very bullish EMAs, MACD and Stochastic indicators. If tomorrow the stock price breaks the resistance at 2.50, the next resistance level is at 2.90 and major resistance at 3. On radar.
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SandRidge Energy Inc. (NYSE:SD) Price broke out of the wedge pattern to the upside on solid volume. Today’s high was $6.54, which is resistance for the follow through move. If the stock price can break through this level, expect to see heavy volume drive the stock higher. I'll watch the stock closely on Friday.
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Trimble Navigation Limited (NASDAQ:TRMB) is getting ready to come out of a consolidation pattern. A close above $40.17 gets the party started.
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VirnetX Holding Corporation (NYSEMKT:VHC) has been in a strong upwards trend the past few days and looks ready to continue this move. The slope of the recent upward move is very steep accompanied by increasing volume. This momentum could push this stock much higher from here, so keep it on the radar.
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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
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
