--Financial Tools ---Futures Market---ADD HERE LINK-- OPTION ALERTS --BENZINGA--

« Home | Stocks to keep an eye on July, 02 2015 » | Stocks to keep an eye on July, 01 2015 » | Stocks to keep an eye on June 29, 2015 » | Stocks to keep an eye on June 26, 2015 » | Stocks to keep an eye on June 24, 2015 » | Stocks to keep an eye on June 23, 2015 » | Stocks to keep an eye on June 22, 2015 » | Stocks to keep an eye on June 19, 2015 » | Stocks to keep an eye on June 18, 2015 » | Stocks to keep an eye on June 17, 2015 » 

Friday, July 03, 2015 

Stocks to keep an eye on July 06, 2015

( click to enlarge )

Enzon Pharmaceuticals Inc (NASDAQ:ENZN) Definitely on watch next week. After the market close on Thursday the company declared a special cash dividend of $0.50 per share of the Company’s common stock, payable on August 12, 2015 to stockholders of record as of July 21, 2015. The SEC filing concerning this special dividend can be found here (FORM 8-K). This special dividend represents a generous dividend yield of 41.32%, as of the last trading price of $1.21. I went long in the after-hours trading. You know, I like special dividends better than regular dividends. This company has been the target of shareholder activists and the largest holding is Icahn Enterprises with 5,904,863 shares or 13.36% stake. Watch the stock closely on Monday.

( click to enlarge )

Kite Pharma Inc (NASDAQ:KITE) on my swing long list. The stock finally closed the week above the downtrend line that had been in place since January. Good upside volume on the daily chart. Breakout above 66.50 is expected to trigger fresh uptrend and immediate resistance at 77.

( click to enlarge )

Fitbit Inc (NYSE:FIT) After surpassing the key resistance level of $40 on Wednesday, the rally of FIT breached its previous all-time high of 40.54. The rally is expected to continue in the coming weeks, however, at this point, and based on the hourly chart it could be setting up for a pullback. The earlier resistance of 40.54 will now provide strong support to FIT stock.

( click to enlarge )

ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) continued its sideways movement this week and tested the bottom of 11.10 levels again. Now, on the downside 11 is immediate support zone for next week. The daily technical indicators are displaying negative divergence, indicating that the medium-term trend is under threat. The current uptrend will continue until the stock is trading above trend reversal level of 10.74.

( click to enlarge )

Twitter Inc (NYSE:TWTR) looks to be setting up for an upside move, as the price has held up well the past few sessions.I remain short-term bullish but I hesitate to suggest new positions with the market looking vulnerable. At this point, and given the current stock levels, it is important for it to break 36.42 level soon. The trend is expected to be up till trend reversal level of 35 is intact on closing basis. Plus, the stock closed the week above its 9 & 13 exp moving averages, giving it even a more bullish set up.

( click to enlarge )

eBay Inc (NASDAQ:EBAY) Rally continued for 3rd consecutive session. The stock is showing signs of an upcoming breakout as price action and volume are making some bull signals. Waiting for a break above the 62.39 for a long position. Short-term price target after the break is 63.30.


( click to enlarge )

Vringo, Inc.(NASDAQ:VRNG) The price action in the last hour of trading on Thursday was very strange but Bullish accompanied with unusual volume, so it will be interesting to watch the stock on Monday. This may indicate a potential shift in the trader sentiment from negative to positive.

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: , , , , ,

Bookmark and Share

Contact

About Me

    Photobucket
  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

  • Benzinga.com supporter

    Stockal supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    RECOMMENDED



    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google