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Zafgen Inc (NASDAQ:ZFGN) displayed some impressive relative strength today with a 6.53% gain on volume well above the average and looks ready to break a recent high of $3.36. If it closes above this level, then it should be able to trade to the 3.70-3.85 ranges. Looking at the technical daily chart the near-term outlook is very positive. MACD and ADX all point to upward trend while RSI is also rising. Added to my swing long watch list.
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Adverum Biotechnologies Inc (NASDAQ:ADVM) Today the stock broke a short-term downtrend line, signaling a possible end of this corrective decline. By looking deeper on this technical daily chart, we can see that the price is forming a potential inverted head & shoulders pattern with the neckline around 4.80, breaching above it will push the price mainly towards 6.25. On my swing long list.
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Adamis Pharmaceuticals Corp (NASDAQ:ADMP) For the first time in 3 weeks, the stock closed back above the 50-day exponential moving average on solid volume. ADMP has a lot of potential to be a big percentage mover. Watch the stock closely on Wednesday, and once it breaks through $3.26, get ready to enter the trade.
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Juno Therapeutics Inc (NASDAQ:JUNO) Watch this trendline resistance closely and play accordingly. A Breakout seems to be imminent.
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Weight Watchers International, Inc. (NYSE:WTW) potential falling wedge breakout in the works. Watch the stock closely, and once it breaks through $10.33 (upper line of falling wedge), get ready to enter the trade.
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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: ADMP, ADVM, JUNO, WTW, ZFGN