My Watchlist for Tuesday, November 15
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TOP SHIPS Inc (NASDAQ:TOPS) has clearly been showing relative strength in the last couple trade sessions. If the stock breaks the EMA200 resistance line of 3.86, it should easily go to next price resistance around 5. The daily momentum indicators are also not overbought, implying scope for further upsides.
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Onconova Therapeutics Inc (NASDAQ:ONTX) had a remarkable move up today with very high volume. The short-term uptrend is intact and signals further bullishness on this stock. I'm long on ONTX, with the expectation of a continued rise to >$4.... Huge Upcoming Catalyst: Presentation of updated data from 09-08 combination therapy trial at ASH Annual Meeting in December.
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Marinus Pharmaceuticals Inc (NASDAQ:MRNS) has a very interesting technical chart and could have a bigger move soon. The resistance for this move is $1.25 (declining EMA20). Worth watching for a breakout.
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Eagle Bulk Shipping Inc (NASDAQ:EGLE) another shipping stock in parabolic mode. Next major resistances are found at 9.80/10.20
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Seanergy Maritime Holdings Corp.(NASDAQ:SHIP) is setting up for another run. Lets see if it breaks over $2.94 (EMA200) tomorrow. Long set-up on watch.
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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Genco Shipping & Trading Limited Ordinary Shares New (NYSE:GNK) popped on Monday above its recent highs on strong volume. Watch for continuation. Hot sector.
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: EGLE, GNK, MRNS, ONTX, SHIP, TOPS
