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Thursday, April 14, 2016 

Stocks to Watch for April 15, 2016

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Vringo, Inc. (NASDAQ:VRNG) Guys, VRNG's light is shining bright again, just look at the technical daily chart. Upside volume is returning to the stock. Selling volume has been light, while accumulation days have been heavy. The stock closed near highs, which tells us there is more buying. All indicators are in favor of an upward price movement. MACD has generated a buy signal and is currently near to cross the zero line. This momentum could push this stock much higher from here, so keep VRNG on your radar for Friday’s trading day, as there is good upside potential in this move.

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Repros Therapeutics Inc (NASDAQ:RPRX) long was a great swing play. I hope you were able to take advantage of the easy gains that the stock provide for us on heavy volume. Stocks that trade the way RPRX did gave us plenty of opportunities to trade in and out for nice profits. If you locked in profits, congratulations!

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Alkermes Plc (NASDAQ:ALKS) Will continue to watch this stock. It has a nice gap to fill if it can break through resistance.

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Nokia Corp (NYSE:NOK) Nice price movement on solid volume. Next buy when clears 6.22 on heavy volume. Technical indicators are turning bullish. The MACD just initiated a bullish crossover and the RSI is rising above the 50% level.

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Plug Power Inc (NASDAQ:PLUG) good relative strength compared to the market today. Looks poised to break its EMA200.

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Canadian Solar Inc. (NASDAQ:CSIQ) Will watch to see if it can break this falling wedge.

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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.

Thanks for visiting AC Investor Blog.

AC

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  • 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.

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