Stocks to keep an eye on February 12, 2015

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Celldex Therapeutics, Inc. (NASDAQ:CLDX) had a moderate bullish momentum today. On daily chart above we can see that the bullish power failed to close above $20 level. However, the bias is bullish in nearest term targeting 21.70 resistance area. Immediate support is seen at 19 area. The stock continues to trade within an ascending channel with the lower and upper boundaries at 18.81 and 24.62 respectively. Accumulation line remains high.

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Ocean Power Technologies Inc (NASDAQ:OPTT) Nice rally today on high volume, lets see where it goes tomorrow. The stock crossed its 20-day exp moving average and the momentum indicators are attempting to turn up from oversold levels. The current rally should at least push the stock to 70c where the major resistance is. Note: The rising A/D Line shows accumulation.

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ReneSola Ltd. (NYSE:SOL) is a candidate to be traded in breakout mode. Looking at the daily chart above, indicators are looking better for the stock with MACD rising above its sell signal line and RSI indicator moving up above 50% level. This stock is one for the bottom pickers. Upside volume is picking up and a rounding bottom is taking shape. Keep an eye for a possible breakout over $1.44

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King Digital Entertainment PLC (NYSE:KING) The stock made an awesome move today breaking out of a major resistance line with volume backed confirmation. EPS tomorrow AMC.

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DENTSPLY International Inc. (NASDAQ:XRAY) broke through resistance at $51.39 accompanied with high volume. We should be able to see some decent upside movement for the bulls here.

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Shares of Ballard Power Systems Inc. (NASDAQ:BLDP) surged 60% or $1.02 to 2.71 per share on massive volume, after the company signed an $80 million deal to sell a fuel-cell patent portfolio to Volkswagen AG. The next key resistance levels are located at $2.91 and $3.12.

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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: BLDP, CLDX, KING, OPTT, SOL, XRAY