-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Biotech Stocks to watch Tomorrow » | Stocks to Watch for April 05, 2016 » | Technical Setups for the Week 04/04-04/08 » | Stocks to Watch for April 01, 2016 » | Stocks to Watch for March 30, 2016 » | Stocks to Watch for March 29, 2016 » | Stock setups for the coming week » | Stocks to Watch for March 24, 2016 » | Stocks to Watch for March 22, 2016 » | Chart Setups for Week of March 21st, 2016 » 

Thursday, April 07, 2016 

Stocks to Watch for April 08, 2016

( click to enlarge )

I alerted Relypsa Inc (NASDAQ:RLYP) to everyone last week and yesterday when it was priced at $14. Today the stock exploded from a low of $13.99 to a high of 25.60 for a Massive Intraday move of 70% and traded a record-breaking volume of 21 Million shares. Congratulations to everyone who was able to take part in this profitable alert.

( click to enlarge )

Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) perfect follow through day. Today’s high was $6.13, which is now the key resistance for the follow through move on Friday. If the stock does break this resistance,expect to see another strong upside move. Looking at the daily technical chart there looks to be more room in this move, so watch the stock closely over the next few days.

( click to enlarge )

The daily chart of Gogo Inc (NASDAQ:GOGO) caught my eye today. On the above chart, we can quickly see that the stock is forming a descending channel waiting to be broken. A breakout from the upper trend line of the pattern (11.2 levels) can trigger a sharp upside move towards 12.

( click to enlarge )

Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) seems to have broken above the four-month resistance of $6.76 on relatively higher volume. The next resistance that it should try to respect is at 7.20. Looking at the technical indicators, we have the MACD above Zero Line and RSI Above 50, indicating the stock is in a “bullish” trend. Watch for continuation tomorrow.

( click to enlarge )

Deutsche Bank AG (NYSE:DB) sold off hard on Thursday again, as the market took a big hit. The stock is now in a clear bearish phase and I have to say that the recent downtrend does not appear be complete. Reasonable expectations suggest to me, that we might see stock drops to near $12 level if this uncertainty in the markets persist for some time.

( click to enlarge )

Rambus Inc. (NASDAQ:RMBS) "The trend is your friend until it ends" so lets see if it holds this trend line that has acted well over the past sessions. The bullish trend remains intact for now.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: , , , , ,

Bookmark and Share

Contact

About Me

    Photobucket
  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

  • Benzinga.com supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google