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Bitauto Hldg Ltd (NYSE:BITA) could be in the early stages of a technical breakout. A break through today's high on volume could lead this stock to 30-30.51 short-term.
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Great Basin Scientific Inc (NASDAQ:GBSN) looks poised for a break to the upside. The declining 9-day EMA has been proved to be a strong resistance. More times the resistance has been tested, there is good chance for breaking above that point. Technically speaking, I feel that there is a possibility for the stock to go beyond 12c this week. It ended the session with a bullish candlestick formation, supporting the bullish bias and indicating further upside potential. As long as the stock can remain above 7c, I like the stock.
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Violin Memory Inc (NYSE:VMEM) surged in the final hour of trading and closed back over 1.50. The real fireworks should begin if it can close above $1.61. The MACD is starting to curl upward again which should eventually lead to price increases. On watch.
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Novavax, Inc. (NASDAQ:NVAX) The stock has a strong support around the $6 level, which can be used as a stop-loss for short-term positions.
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: BITA, GBSN, NVAX, VMEM