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Voxeljet AG (NYSE:VJET) has been consolidating over the past three weeks, and is approaching its critical breakout point of 8.87, which may be broken out soon. If the stock crosses this downtrend line (+50EMA), it has potential to gain 10-15%. Daily technical indicators are turning bullish. The daily MACD is rising above its signal line and seems ready to enter positive territory. The daily RSI has moved up to its 50% level and the A/D line is starting to curl upward. A move above 8.87 would confirm a break of resistance and possible reversal of the downtrend.
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Plug Power Inc (NASDAQ:PLUG) On watchlist no trigger yet. Long above $2.97
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Vringo, Inc. (NASDAQ:VRNG) Congratulations to my all readers and twitter followers that capitalized on this one. The stock closed up $.195 for gains of 31%. Volatile stocks like VRNG can make big moves in a matter of minutes, so we never know if this stock has more left in it or not. If you locked in profits, CONGRATULATIONS !!! I sold at 77c as i mentioned on twitter.
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Silicon Motion Technology Corp. (NASDAQ:SIMO) continues to show strength. The continued strong volume on upside moves indicates more than just short covering. Buyable on a pullback to the pivot.
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Zynga Inc (NASDAQ:ZNGA) Technically speaking, I think the stock has a good chance to run to the 200-day EMA if we see some strength in the markets. On the daily time-frame, the MACD-histogram has been sloping up and the 50-day EMA has just ticked up to give a buy signal on the Impulse System. The Slow Sto and RSI are both rising, indicating bullishness.
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Celldex Therapeutics, Inc. (NASDAQ:CLDX) held up well in the weak market, giving me a convenient entry point. The stock seems to want to bounce off the 50-day EMA again. I think there is another upside move coming soon.
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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: CLDX, PLUG, SIMO, VJET, VRNG, ZNGA