Stocks to Watch for Aug 04, 2016
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What a great day with Adverum Biotechnologies Inc (NASDAQ:ADVM) ! The stock opened at $3.55 just above the previous close and steadily climbed all day before reaching a high of $4,47 representing real gains of nearly 25%. Congratulations once again to everyone who was able to take part in this profitable alert. From a technical standpoint, the next major resistance lies around the 4.70 level.
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aTyr Pharma Inc (NASDAQ:LIFE) Really nice reversal candle today on solid volume. with the positive divergence still expanding. Watch for a follow-through day tomorrow. I believe that LIFE could have a ADVM type move very soon.
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Pandora Media Inc (NYSE:P) showed buying strength all day. The stock price is on the verge of breaking out and it could happen very soon. If it breaks 13.77 tomorrow the stock will absolutely fly into the 14's right away.
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You need to watch Clovis Oncology Inc (NASDAQ:CLVS) stock closely because it could break resistance very soon. With nearly 43% of the float short, i believe shorts will fuel the next leg up. A big short-covering rally seems emminent. Long setup on watch.
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Gevo, Inc. (NASDAQ:GEVO) broke out of a large sideways channel pattern on solid volume, closing at the highest price in almost four weeks. If momentum continues, we could see the stock hit 90c over the next couple of sessions.
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This is a stock that could head higher from Wednesday's close. Mirati Therapeutics, Inc. (NASDAQ:MRTX) is in the process of bottoming and I expect a pop above $6 very soon. The A/D indicator on daily chart shows the strength of conviction behind this short-term bullish trend. On radar.
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CombiMatrix Corp (NASDAQ:CBMX) is setting up for another run. Lets see if it breaks over $3.39 tomorrow morning. Long set-up on watch.
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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
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: ADVM, CBMX, CLVS, GEVO, LIFE, MRTX, P
