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PTC Therapeutics, Inc. (NASDAQ:PTCT) shares spiked on the news Friday, closing the day with a gain of 88% at 11.30. If it can clear the 12.35 level tomorrow a rally to retest of $14 or more appears possible. Daily technical indicators are turning bullish. A continuation of the rally is likely.
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Auris Medical Holding AG (NASDAQ:EARS) After basing sideways the last few days with an upward bias, it finally broke out upwards Friday accompanied by a volume surge. Looks good for higher prices. The stock has a good base at 90c which can be used as a stop loss for long position. On the upper side, the move is likely to accelerate above $1.32. Im long.
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It looks like Micron Technology, Inc. (NASDAQ:MU) is starting to turn back up and the key indicators are giving the first bullish signs. I'm looking to see this stock re-test its October highs shortly.
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Ocean Power Technologies Inc (NASDAQ:OPTT) Short-term momentum has turned bullish and a break above resistance at 3 would open the door for a rally to 3.7.
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Limelight Networks, Inc. (NASDAQ:LLNW) Resistance Breakout. Go long on the break of Friday’s high at 2.39 or wait for a retracement.
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Evolution Petroleum Corp (NYSEMKT:EPM) Setting up a possible resistance breakout trade. Long over 8.48
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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: EARS, EPM, LLNW, MU, OPTT, PTCT