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Merge Healthcare Inc. (NASDAQ:MRGE) broke out of a consolidation pattern on heavy volume and could eventually rally up to test its recent high. Short-term technical indicators are strong. If the stock can break today’s high of $5.19, we should see a strong follow through move. Next major resistance level lies around $6
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Baxter International Inc (NYSE:BAX) Potential breakout play. Watching 37.83 area for a range break.
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GoPro Inc (NASDAQ:GPRO) jumped 7.3% today finishing the session near the highs of the day on high volume, suggesting buyers are stepping in. The move puts this stock in high probability of a breakout above key resistance in the 61.2 area. If the stock breaks today's high, the momentum could move stock to the $70 area.
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: BAX, GPRO, MRGE