Stocks to Watch for October 08, 2015
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OHR Pharmaceutical Inc (NASDAQ:OHRP) Volume starts to pick up again. Could make a nice move to the upside. A break of $3.30 with force might give the stock room to $4.30 (200EMA). MACD and RSI indicators are also pointing North. Plus, there has been some unusual options activity (Nov $5). Keep it on your watch list.
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BlackBerry Ltd (NASDAQ:BBRY) is very bullish with a lot of hot indicators showing up (V-bounce in play). The slope of the upward move is very steep accompanied by increasing volume. The stock closed at $7.16, up 38 cents (+5.53%) on volume of 12.3 Million. All indicators are in favor of an upward price movement. Key intermediate resistance for the stock however exists in the zone between $7.50 and $7.73. This momentum could push this stock much higher from here, so keep it on the radar.
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Verastem Inc (NASDAQ:VSTM) jumped 15% today finishing the session near the highs of the day on high volume, suggesting buyers are stepping in. If the stock breaks today's high, the momentum could move stock to the 2.75 area.
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Keep a close eye on this one tomorrow. Chardan Capital Markets analyst Gbola Amusa reiterated a Buy rating and boosted the price target on Lion Biotechnologies (NASDAQ: LBIO) to $20. The stock price is showing signs of a bounce and next level of resistance is around 7.20.
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Celldex Therapeutics, Inc. (NASDAQ:CLDX) closed today's trading session at 11.96, inching up by 4.45% with the stock attracting more than 2.6 million shares. Chart shows signs of a trend reversal. Trajectories of momentum indicators on daiy charts suggest uptrend for the stock. Next major resistance lies at 12.41. February $15 calls saw some action today.
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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) looks to have built a small bullish flag formation here and wants to make an upside move. If the stock can break through $10.73, we should see strong volume drive the stock higher. You need to watch this closely because it could break resistance.
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.
Thanks for visiting AC Investor Blog.
AC
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.
Thanks for visiting AC Investor Blog.
AC
Labels: BBRY, CLDX, LBIO, OHRP, VSTM, ZIOP
