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BlackBerry Ltd (NASDAQ:BBRY) displayed some impressive relative strength with a 2.27% gain. The area comprehended between 7.70 and 7.85 represents a strong resistance. The power of today's move suggests an upward breakout that could impulse the stock to test the July highs at 8.16. Indicators are turning up. The RSI crossed above 50 and +DI crossed above -DI today indicating renewed buying pressure.
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Amedica Corporation (NASDAQ:AMDA) has had a rough time over the past weeks but today’s bounce could be the first move to recovery. I'm using 51c as resistance for this upside move. If the stock can break through this level, we should see a reversal of this down trend. On watch.
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Bazaarvoice Inc (NASDAQ:BV) broke and closed above its 20-day exp moving average with high volume. Short-term technical indicators are improving and the MACD rising. If the stock can break Wednesday’s high, we should see a strong follow through move. BV will move very quickly, so keep a very close eye on the stock.
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Chesapeake Energy Corporation (NYSE:CHK) Broke out of the range to the upside and closed over the 50-day EMA. Watch for continuation. The next resistance level is around 10.
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Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) Should breakout hard to upside when it crosses over $10.80. I think we are going to >$12.5 very soon.
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Juno Therapeutics Inc (NASDAQ:JUNO) Break out watch over $42.08 with volume. Technicals look Bullish to me.
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If Athersys, Inc. (NASDAQ:ATHX) can close above $1.33 this week, there should be some nice momentum in the stock. The RSI analysis is signaling a bullish outlook which can be further confirming in MACD and ADX charts.
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: AMDA, ATHX, BBRY, BV, CHK, JUNO, TTPH