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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) had a very nice session today, breaking out above the $10 level on decent volume. As long as it can hold this support area, it looks good. On the daily time-frame the MACD-histogram has been sloping up and the 100-day SMA has just ticked up to give a buy signal on the Impulse System. From here, we can expect a run to the $11.17 area and from there we could see an upsurge to $12 and better. Look to buy the stock on dips with a stop around 9.
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TASER International, Inc. (NASDAQ:TASR) broke through resistance and out of a bullish flag formation. Watch for continuation. Long on the break of Monday’s high at 33.17
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IXYS Corporation (NASDAQ:IXYS) Broke out to new highs today on High volume. I think we will see some nice follow through tomorrow.
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Prima Biomed Ltd. (NASDAQ:PBMD) held up well in the weak market. I believe the stock is basing here for a move higher. I expect to see a good upside move once the stock breaks through resistance now at $2.39
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Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) Setting up a possible resistance breakout trade. Long on the break of Monday’s high at 8.13
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: IXYS, LXRX, PBMD, TASR, ZIOP