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The Rubicon Project Inc (NYSE:RUBI) has been on fire the past few weeks and looks ready to make another upside move. The stock had a bullish momentum today, gaining more than 5% and closing near the highs of the session. Thursday’s high was $14,43 which is resistance for Friday’s continuation move. Price is expected to at least rally the next resistance at $15.41 and even go higher to test the level at $20. The forecast is valid only if the price of RUBI stays above $13.50.
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Zynga Inc (NASDAQ:ZNGA) very constructive price action as the stock pulls back on lighter volume. It is flagging here on the daily chart trading in very tight channel the last 7 sessions. If it's breaks $2.80 it will absolutely fly into the $3's right away.
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Office Depot Inc (NASDAQ:ODP) Still flagging. Over 6.96 this one could move fast.
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Gigamon Inc (NYSE:GIMO) Bounce off 100 & 20 EMAs. Has a gap to fill over 15.15.
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TASER International, Inc. (NASDAQ:TASR) rallied to a new high. As long as the stock trades above the EMA9 I will be looking for long opportunities.
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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.
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AC
Labels: GIMO, ODP, RUBI, TASR, ZNGA