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PhaseRx Inc (NASDAQ:PZRX) had a nice move today on above average volume and closed back over its declining EMA50. The real fireworks should begin if the stock price can close above the 1.96 level (EMA100). As long as the stock can remain above its 50-day EMA, I like the stock.
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Roka Bioscience Inc (NASDAQ:ROKA) has become increasingly bullish and today the stock closed back above its EMA50 on solid volume. We have all seen how quickly ROKA can head higher, when the buyers come. I believe it is ready to post a nice bounce and I do not see any real resistance on the technical chart until $7. This is a low float stock that can run fast on any volume.
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Sunshine Heart Inc (NASDAQ:SSH) is nearing a key resistance level in the 5.75 area. Considering the strong momentum today, I think the stock looks set to break higher on Friday. Keep this stock in your radar list. Tiny float, could explode higher.
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Eleven Biotherapeutics Inc (NASDAQ:EBIO) is consolidating its recent rally near 2.20 with its key resistance level looming near 2.25. The technical daily chart is still showing buy signal with stock trading above all short-term EMAs, while RSI and MACD are moving up, both supporting the upside. Keep an eye for a possible breakout over $2.25.
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Zogenix, Inc. (NASDAQ:ZGNX) closed the day gaining over 2.5% on solid volume. The stock has started to bounce and seems to be ready for a run up. Some technicals are turning up here. Further strength above 8.25 opens the door to 9. Put her on your radar.
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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: EBIO, PZRX, ROKA, SSH, ZGNX