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OHR Pharmaceutical Inc (NASDAQ:OHRP) 67% real gains today, more to come this week based on the daily technical chart. The stock broke out into the gap area with Massive volume today and I expect a continuation of the move tomorrow. The MACD is curling up and the accumulation line is moving higher. Nice gap to fill. PS: Brean Capital analyst Jonathan Aschoff reiterated a Buy rating on the stock with a price target of $34. The technical chart above indicates that OHRP is ready for a huge bounce.
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Kite Pharma Inc (NASDAQ:KITE) broke through that critical 66.50 level today on solid volume. The uptrend is intact and signals further bullishness on this stock. The stock hit a high of $69.99, which is resistance for Tuesday’s move. If the stock can break through resistance, we should see a follow through move. Watch the stock closely tomorrow.
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Voltari Corp (NASDAQ:VLTC) ended Monday's trading session at 6.74, advancing 41% with the stock attracting 5.7 million shares. The stock shows signs of bottoming out with the recent up move from its 4-month low. The stock has also moved back from oversold zone and closed above all its EMAs for the first time since early June. There is a high probability for a trend continuation in the next sessions, as the stock could test the next key resistance level in the 7.50 area.
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Activision Blizzard, Inc. (NASDAQ:ATVI) is again setting up for a potential swing trade. Breakout point at 26.09
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Google Inc (NASDAQ:GOOG) broke through a key resistance level today accompanied with high volume today, so keep an eye on it to see if tomorrow will confirm the 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.
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AC
Labels: ATVI, GOOG, KITE, OHRP, VLTC