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Casella Waste Systems Inc. (NASDAQ:CWST) broke out of an important consolidation area with a long white candlestick. Stock still has more fuel in its tank for a move higher.
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TrueCar Inc (NASDAQ:TRUE) has been in a small bullish consolidation pattern over the last 3 sessions slightly below the 50-day EMA. A break of the $9.12 level could result in an acceleration to the upside with next target seen at 9.93
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Keep a close eye on Sportsman's Warehouse Holdings Inc (NASDAQ:SPWH) tomorrow. The stock looks right on the verge of a breakout. The key resistance is located at 10.48, a break and close above this level will confirm the new bullish trend and the following uptrend will take price up to $11.30 zone.
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WidePoint Corporation (NYSEMKT:WYY) is one stock for the bottom pickers. There are early signs in the indicators, that a larger move may be coming. The MACD indicator is showing signs of reversal and the high volume here (at bottoms) is usually an indicative of demand in the background. If the potential buy signal confirms itself, I will be looking for a move to the resistance area at 48c-52c at the very least. The stock could have good upside potential, so watch the stock closely this week.
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IntelliPharmaCeutics Intl Inc (NASDAQ:IPCI) Monday's action suggested that there is more room for the uptrend to grow on stock. A sustained break of $2.34 on volume should bring the stock price to a test of the Feb highs in the $3 area.
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Amarin Corporation plc (ADR) (NASDAQ:AMRN) displayed some impressive relative strength today with a 6% gain. On the technical side, MACD and CMF all point to upward trend while RSI is also rising. The stock broke and closed above resistance at $3 and should continue to move. Next major resistance lies around the 3.45 area.
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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: AMRN, CWST, IPCI, SPWH, TRUE, WYY