Stocks to Watch for April 05, 2016
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Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) is coming up to a big level as the stock is near its declining 50-day EMA. I will be watching this stock closely this week as I expect to see a strong move once the stock breaks through resistance. A move past $5.09 would be a strong indicator of a further uptrend in the stock.
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JA Solar Holdings Co., Ltd. (NASDAQ:JASO) broke the downtrend line from the March highs today. The high of the day was $8.89, which is resistance for the continuation move. A break of this resistance level could see the stock testing its strong horizontal resistance line at $9.30
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First Solar, Inc. (NASDAQ:FSLR) is clearly losing momentum and the daily relative strength index (RSI) has entered the bearish region. It has good support around the 66.50 level. If it falls below this level on a close basis, then it can possibly go down to $64. Only a close above $70.3 would negate the short-term bearish outlook.
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Twitter Inc (NYSE:TWTR) faces resistance at the 17.4-17.75 range. A close above the 50-EMA would impart positive momentum. The stock is likely to move to the 18.75-19 range on the break past the resistance zone. I will watch the stock closely the next few days, watching for this move to occur. The technical indicators are still in favor of the short-term uptrend continuation.
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
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Aralez Pharmaceuticals Inc (NASDAQ:ARLZ) had a great day on Monday. The stock is now trading back above the 9 & 13 EMAs. Watching for a close above $4.10
If you want to contact me for advertising opportunities on blog or twitter, then get in touch via emailDisclaimer : 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: ARLZ, FSLR, JASO, TTPH, TWTR
