My Watchlist for Monday, March 20
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Nice retracement to the breakout point after a huge gap up earlier this month. Any close above the declining EMA100 would suggest continuation. On Friday, we also saw some bullish calls. Dynavax Technologies Corporation (NASDAQ:DVAX) is possible trend reversal trade, if it breaks 6.20 resistance area.
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Digital Ally, Inc. (NASDAQ:DGLY) has reached its major support point near $4, and will likely provide an indication of direction in the next days. Im expecting a strong bounce towards 4.80
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Professional Diversity Network Inc (NASDAQ:IPDN) stock rose 19% in the week ended March 17 and closed back above the declining EMA100, which is a very bullish signal. It still continues its uptrend rally on volume. On the weekly time frame, a break of key resistance at 13.90 next week, could lead to a rapid up-move in price to $17.50/24 range. Plus, technicals are supporting the bullish view. On watch.
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Plug Power Inc (NASDAQ:PLUG) continued its bullish momentum yesterday on volume and closed back above the declining EMA50. The bias remains bullish in nearest term testing 1.32 area. Immediate support is seen around 1.07. Overall, I remain neutral.
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Northern Dynasty Minerals Ltd (NYSEMKT:NAK) had a very bullish move yesterday on solid volume. Watch for continuation. Any break and close above 1.37 would validate this potential trend reversal.
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Neovasc Inc (NASDAQ:NVCN) watching over $1.88 for breakout.
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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Lipocine Inc (NASDAQ:LPCN) broke resistance yesterday, which should be the start of another upside move. I'm watching the stock again next week and I'm buyer once it breaks through Friday’s high of $4.58. There looks to be good upside in this move, so keep a close eye on LPCN for Monday’s trading day.
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: DGLY, DVAX, IPDN, LPCN, NAK, NVCN, PLUG
