Stocks to Watch for June 25, 2014
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TriQuint Semiconductor (NASDAQ:TQNT) finally the stock price broke down the rising wedge on daily. Technical indicators are looking bearish. The 14-day RSI has also turned weak, with a current reading of 45 while the MACD is heading down, supporting a bearish view. The next support point for the stock is seen at 15.05, then 14.
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OXiGENE Inc (NASDAQ:OXGN) appears to be forming forming a falling wedge reversal pattern. OXGN is a solid bounce play opportunity here with the 14-day RSI of just 44. Momentum is showing a bullish divergence from both price and 14-day RSI. Let's keep an eye on it as i think momentum will pick up.
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Onconova Therapeutics Inc (NASDAQ:ONTX) has been flagging in the last sessions after a huge upmove earlier this month from the 4.10 to 5.50 area. The good news for the bulls here is that the technical daily indicators are looking bullish. MACD has generated a buy signal and is currently near to cross the 0 line. This momentum could push this stock much higher from here, so keep the stock on your radar for Wednesday’s trading day, as there is good upside potential in this move. Since the beginning of the year, insiders have been buying large quantities of shares.
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
