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Digital Ally, Inc. (NASDAQ:DGLY) had a very nice day breaking out above the $16.05 level on massive volume and closing the day gaining over 46%. Today's volume was what you want to see when a stock breaks resistance. Watch for a follow through move on Wednesday.
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OncoGenex Pharmaceuticals Inc (NASDAQ:OGXI) is on the verge of a Big breakout. The stock had a very strong day closing up 21 cents on 4x normal daily volume and the technical chart is showing indications that the stock has bottomed out in the short-term. RSI has reversed the course and stock finally closed above its 20-day exp moving average, a strong bullish signal. In addition, the MACD is rising and about to cross over the zero line. It could post significant gains from here. Keep an eye for a possible breakout over 2.35. If stock breaks that area then the stock can head to $3.
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I've alerted about the potential upside movement in ImmunoCellular Therapeutics Ltd (NYSEMKT:IMUC) shares yesterday and today to all my twitter followers at 74c. The stock has come up to my expectations as it was among the top gainers of Nasdaq and closed up 40 percent at $1, trading more than 4.7 Million shares. These gains are really significant and represent a substantial profit for my twitter followers.
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Image Sensing Systems, Inc. (NASDAQ:ISNS) Starting to look strong again. Momentum indicators are bullish with the RSI inching away above the middle level and with the MACD crossing above zero. Any close above $3.50 could lead to a substantial gain in shares.
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BlackBerry Ltd (NASDAQ:BBRY) made a nice upside reversal on good volume. The technical daily chart above suggests that stock might find now resistance at $10.88 then 11.17. Only a close above this level would suggest further upside. I believe the stock is due for recovery as %K line has crossed on top over %D line and the RSI is curling up.
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DDR Corp (NYSE:DDR) Over 18.57 for a breakout trade.
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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: BBRY, DDR, DGLY, IMUC, ISNS, OGXI