My Watchlist for Tuesday, November 08
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Vuzix Corporation (NASDAQ:VUZI) bounced of nicely of support line on volume today. In the afternoon, the company announced that will commence commercial shipments of the M300 this month. The Vuzix M300 is well into its final stages of regulatory testing and approval. It was really nice to hear that and it seems like it will be a good catalyst going forward. Also, per CEO they're working with 40 of Fortune 100 companies with their AR smart glasses. And this release of second generation M300s with Intel Chip will be a huge upgrade to current M100. From a technical standpoint, a bounce till the 7-7.20 levels could come quickly, especially after the roughly 37% drop, that we saw since September highs. Note: Apple's Tim Cook said AR is the next big thing "Tim Cook laid out the playbook for Apple's next big thing" The stock is a short squeeze candidate, with a short float at 18.15% (equivalent to 10 days of average volume).
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Invuity, Inc. (NASDAQ:IVTY) Big reversal candle today on some volume.Will Continue to watch this stock tomorrow. Nice gap over $6
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SYSCO Corporation (NYSE:SYY) Big gap up at the open and continued this great move on much stronger volume. Key indicators on daily charts suggest continuation of positive bias and the stock price is likely to show further up side.
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Gerdau SA (NYSE:GGB) Starting to look strong again. Next buy area when clears the 3.52 level on heavy volume.
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Dicerna Pharmaceuticals Inc (NASDAQ:DRNA) rebounded on heavy volume today. Gonna have to watch it carefully on Tuesday to see if we have hit bottom and should grab some more shares for the ride back up. Note: The company reported Q3 EPS of ($0.68), $0.17 better than the analyst estimate of ($0.85).
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Micron Technology, Inc. (NASDAQ:MU) still looks poised to break higher IMHO. A move above 17.50 would confirm the breakout, with an initial target of 17.93 and secondary target of 18.33
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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Hudson Technologies, Inc. (NASDAQ:HDSN) Daily technical chart is displaying upside momentum again. I will be watching this stock closely on Tuesday for a breakout above 7
If you want to contact me for advertising opportunities on blog or twitter, then get in touch via emailDisclaimer : 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: DRNA, GGB, HDSN, IVTY, MU, SYY, VUZI
