My Watchlist for Tuesday, April 18
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It looks like Superconductor Technologies, Inc. (NASDAQ:SCON) is gonna squeeze more shorts tomorow morning. The stock broke out of a bullish flag consolidation pattern on heavy volume today and if it breaks the declining EMA200 at 2.21 the next leg up could be explosive (next major resistance is above 3.50). All daily technical indicators are in Bullish zones.
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Soligenix, Inc. (NASDAQ:SNGX) made a nice move today and it was with an increase in volume, which shows us there are buyers in the stock for Friday's event. Let's keep an eye on SNGX as i think momentum will pick up again.
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Globalstar, Inc. (NYSEMKT:GSAT) finally broke through the critical 1.86/88 area on solid volume. The uptrend is intact and signals further bullishness on this stock. GSAT hit a high of $1.96, which is resistance for Tuesday’s move. If the stock can break through resistance, we should see a follow through move. Watch the stock closely tomorrow.
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Minerva Neurosciences Inc (NASDAQ:NERV) I'm looking for a bounce, after so many down days. Daily Technical indicators have hit very oversold conditions, levels from which rallies normally emerge. On watch.
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Pfenex Inc (NYSEMKT:PFNX) Another potential bounce play.
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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Plug Power Inc (NASDAQ:PLUG) bounced nicely off its 9-day exp moving average again. If it breaks today's high at 2.31, i think the stock may touch 2.6 in the further trading sessions.
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: GSAT, NERV, PFNX, PLUG, SCON, SNGX
