Stocks to keep an eye on June 02, 2015
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Very bullish moves on the stock are taking place over the last session’s. InterDigital, Inc. (NASDAQ:IDCC) hit a new 52-week high of $60.69 which is now resistance for Tuesday’s continuation move. If the stock can break through resistance, we should see another upside move.
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CorMedix Inc. (NYSEMKT:CRMD) showed buying strength all day on Monday.The stock made a very significant move, closing above its major EMAs, which could be signs of a bottom here. We are also starting to see some signals of rebound as the daily technical chart shows positive momentum is back. The price can move up to $8 level in the short-term.
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Advaxis, Inc. (NASDAQ:ADXS) Good breakout on high volume. Buyable on a pullback to the pivot.
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Cowen Group Inc (NASDAQ:COWN) broke through resistance at $5.95, but was not able to gather must momentum. I'll wait for a clear confirmation first. Technical indicators such as RSI and MACD show buy signal, as RSI is rising in bullish territory and MACD is on top of signal line.
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Umpqua Holdings Corp (NASDAQ:UMPQ) could breakout at any moment. Next buy when clears 17.78 on heavy volume.
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
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
Labels: ADXS, COWN, CRMD, IDCC, UMPQ
