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Himax Technologies, Inc. (NASDAQ:HIMX) finally broke up through a a small consolidation range accompanied by a strong volume expansion. The stock is trading above all the major EMAs and MACD still showing bullish momentum.The price can move up to 8.68/75 in the short-term. Call options were very active.
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Vital Therapies Inc (NASDAQ:VTL) Today's rally confirms that the bounce is still in play and far from over. The stock broke out of a consolidation range as the stock closed up 91c on the day. Thursday’s high was $4.79, which is resistance for Friday’s continuation move. As long as the stock stay above the $4 area, the short-term bullish scenario is still intact.
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Plug Power Inc (NASDAQ:PLUG) surged in the final hour of trading closing slightly higher. The stock continues to show some nice strength in this market. Technical chart shows bullish sign with A/D rising and MACD on top of signal line. Keep it on your watch list going forward.
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Juno Therapeutics Inc (NASDAQ:JUNO) showed buying strength all day on Thursday. Watching for $44 breakout. This momentum could push this stock much higher from here, so keep the stock on your radar for Friday’s trading day, as there is good upside potential in this move. A clear break above the resistance level could trigger further bullish pressure testing 45, because the short sellers will start buying to cover their positions. Momentum indicators are bullish with RSI inching away above the 50% level. The strongest sign of a bullish momentum is the MACD indicator which has just started to increase again and the CMF is also showing positive signs on the stock.
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E I Du Pont De Nemours And Co (NYSE:DD) started the day negative but turned things around to close up nicely. Daily chart shows a possible reversal in the making.
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GoPro Inc (NASDAQ:GPRO) looks like it is starting to turn back up and the daily technical indicators are giving the first bullish signs. The Stochastic oscillator is registering a bullish signal, as the %K has crossed above the %D and the RSI is rising slowly but hasn’t reached the 35% level. The stock has the following important levels. Resistance at $34 and support at $32.26
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Flowers Foods, Inc. (NYSE:FLO) Nice looking breakout with high volume. Excellent relative strength to broad market. I will be waiting for a pullback to start a position.
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: DD, FLO, GPRO, HIMX, JUNO, PLUG, VTL