Stocks to keep an eye on June 16, 2015
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Zulily Inc (NASDAQ:ZU) broke out of a small consolidation pattern on High volume and could eventually rally up to test its recent high. Looking at the daily technical daily chart the near-term outlook is positive. ADX is starting to point up. The Relative Strength Index is also moving higher, which is a sign of growing strength in the stock and MACD is also giving a positive indication. ZU will move quickly, so keep it on your screen on Tuesday.
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Ballard Power Systems Inc. (NASDAQ:BLDP) Could be a high flyer on breakout, look for a break and close above $2.5 to enter longs. Daily technical indicators are looking Bullish.
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Idera Pharmaceuticals Inc (NASDAQ:IDRA) I see a potential inverted head and shoulders pattern forming on daily charts. If the stock price breaks out of the neckline, target level is around $5.20. My model is mixed with upside bias. For now lets wait for that break out to occur.
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Cyberark Software Ltd (NASDAQ:CYBR) established a new 52-week high today of 71.86, however in the final hour stock retracted closing at $70.83. Overall technical indicators are still in Bullishs areas. Let's see if tomorrow stock will confirm intraday breakout.
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
