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Wednesday, January 04, 2017 

My Watchlist for Thursday, January 05

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Vuzix Corporation (NASDAQ:VUZI) has a very interesting chart as the stock looks to be ready for another good upside move. VUZI traded good volume today over 422k shares and finished up on the day 3.47%, above its EMA50. Indicators are also showing signs of recovery. A move towards $7.75 can be expected as long as $7.09 holds. This stock is a short squeeze candidate.

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Freeport-McMoRan Inc (NYSE:FCX) broke out of a bottom/accumulation pattern. Now, we just need to see on Thursday a confirmation of the reversal. Indicators are turning up.

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GoPro Inc (NASDAQ:GPRO) is in the process of bottoming and I expect a pop above $9.15 at some point in the coming days. Key technical indicators are showing positive divergences.

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Dynavax Technologies Corporation (NASDAQ:DVAX) Watching for $4.45 (EMA50) breakout. All indicators are in favor of an upward price movement.

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Trillium Therapeutics Inc. (NASDAQ:TRIL) Watch Thursday's action for a possible breakout over $6. A break above this key resistance level will confirm the short-term reversal and the following uptrend will take price up to 7.2 zone initially.

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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.

Thanks for visiting AC Investor Blog.

AC

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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