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Sarepta Therapeutics Inc (NASDAQ:SRPT) Still loving this setup. A possible cup and handle bottom pattern may be forming on the daily charts. From a technical standpoint, it is trading above 9/13-day and 20-day EMAs with all short-term moving averages showing signs of stabilization. In addition, the daily MACD is showing a positive divergence and the RSI is near the 50% level forcing me to think the possibility of a trend reversal.
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TASER International, Inc. (NASDAQ:TASR) is flagging near the major resistance level before next move up. A move above the declining 200-day EMA could trigger a sharp move higher. Options traders are buying calls, so watch the stock closely.
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Chimerix Inc (NASDAQ:CMRX) is in the process of bottoming and I expect a pop above the 5.70 level at some point in the coming days.
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Galena Biopharma Inc (NASDAQ:GALE) could be flagging. I'm stalking this stock to see if it clears 1.03 level with volume.
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Anthera Pharmaceuticals Inc (NASDAQ:ANTH) Daily chart looks Bullish. Keep an eye for a possible breakout over $4.46 on volume.
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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: ANTH, CMRX, GALE, SRPT, TASR