My Watchlist for Thursday, March 09
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This technical chart of Marinus Pharmaceuticals Inc (NASDAQ:MRNS) popped up on my scanner today and I feel is one that should make its way onto your watch-lists tomorrow. The stock experienced the biggest volume since the January highs and price closed above the key resistance of 1.50 for the first time since October 2016. I truly believe we have an explosive situation on our Hands again. Another sign of strength is that the stock has been sustaining above its key EMA50 over the past few weeks Going forward, stock has immediate resistance at 1.87 followed by 2.15 levels. This stock needs to be at the top of your watch list.
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Skyline Medical Inc (NASDAQ:SKLN) keeping my bullish bias despite the High volatility. The stock has held support around the $2 levels and is displaying a screaming buy divergence on the upside. Levels to watch $2.30 and then $2.75
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Cavium Inc (NASDAQ:CAVM) Resistance Breakout. Go long on the break of Wednesday’s high at 71.15
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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) May have put in a short-term bottom. Long over 12.12
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MGT Capital Investments Inc. (OTCMKTS:MGTI) Holding nicely its rising EMA20. This small cap could be in the early stages of a technical breakout. Indicators are showing bullish signals supported by rising MACD and ADX. For now, expect a run up to next resistance area around $1.50. If the stock is able to cross it and sustain above it, then it might go to $2.50. Keep it on your watch list going forward.
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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Navios Maritime Partners L.P. (NYSE:NMM) Strong breakout on volume. Watch for contiunation.
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: CAVM, MGTI, MRNS, NMM, SKLN, VRX
