Stocks to Watch for October 13, 2015
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Juno Therapeutics Inc (NASDAQ:JUNO) Resistance Breakout. Go long on the break of Monday’s high at 51 w/ stop at 46.49 (rising 9EMA). Next resistance is now seen at 53.88 then 55. The CMF shows rising buying pressure during the last 5 weeks.
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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) Setting up a possible resistance breakout trade. Long over 2.27
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The money seems to be flowing into Orexigen Therapeutics, Inc. (NASDAQ:OREX) as indicated by the OBV. With no resistance between $2.84 and $3.35, a break above the 50-day EMA can see the stock trade in the $3 area pretty soon. Have this stock on your watchlist.
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MeetMe Inc (NASDAQ:MEET) had a nice move today on heavy volume and I expect to see a continuation move tomorrow. Daily technical chart shows a continuation of the trend with MACD and RSI in the Bullish areas. Breakout watch over $2.17
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: ARNA, JUNO, MEET, OREX
