My Watchlist for Friday, December 16
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Kalvista Pharmaceuticals Inc (NASDAQ:KALV) Nice tweeted under $6.30. If you were following my twitter account, you would have gotten the tweet when the stock was trading at $6.26. It ended the day at $7.70 with shares trading twice the volume the day. I think we will see a nice follow through tomorrow. This was a $10 stock less than 5 weeks ago. The next resistance area is around the 8.40 level (EMA100). On watch.
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Onconova Therapeutics Inc (NASDAQ:ONTX) Thin name with a good looking chart for a strong bounce. The stock has formed lower highs and lower lows, creating on the daily chart above a falling wedge pattern. Price just bounced off major support (Triple bottom) and could be due for a breakout sooner or later. If it breaks, the move could be fast and brutal.
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Roka Bioscience Inc (NASDAQ:ROKA) is quietly gaining momentum. With both its MACD and Slow Sto signalling a buy, there is a good chance the price could breakout of its recent sideways trend and scale higher to test the 5.75-6.09 levels.
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DryShips Inc. (NASDAQ:DRYS) broke a key resistance line with an up-move of 52%, to 5.40. Volume surged and this breakout looks like it is here to stay imho. There looks to be good upside in DRYS, so keep it on your radar the next few days.
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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Adamis Pharmaceuticals Corp (NASDAQ:ADMP) has been forming a large base on the daily chart for more than seven months and is now near the top of the trading range. ADMP's technical's are looking up and it looks like the stock is poised for a strong breakout at any time now. Once the resistance of 3.35 breaks past we can see it hit the higher levels in minutes. With almost 15% of float short and a short ratio of 23, this stock is a serious short squeeze candidate. With the technical daily chart on the verge of a possible breakout, get ADMP on your radars.
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Ophthotech Corp (NASDAQ:OPHT) is incredibly oversold. Honestly, it's still too early make conclusions but based on today's candle i think the stock is due for a bounce here. I bought shares today.
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
Labels: ADMP, DRYS, KALV, ONTX, OPHT, ROKA
