My Watchlist for Friday, May 19
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HTG Molecular Diagnostics Inc (NASDAQ:HTGM) has been in a major corrective phase in the recent weeks forming a large falling wedge that was broken to the upside. The downtrend that commenced in late March appears to have been completed and MACD is about to climb above the signal line. If it clears resistance around the 3.9-4 area the move may be powerful.
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Inpixon (NASDAQ:INPX) appears to be poised for a nice bounce off this bottom. From my point of view, the stock has formed a bottom and I expect a move past 2.60 to take the stock towards the target of 3.24. The Accumulation/distribution line shows lots of accumulation.
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Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) I will be watching the stock tomorrow for a continuation move through Thursday’s highs of $4.48. The CMF indicator on chart shows the strength of conviction behind this Bullish trend. Lets keep an eye on it.
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athenahealth, Inc (NASDAQ:ATHN) Nice breakout on high volume. There is a good chance the stock will continue to move up. Next resistance lies at 132.84
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Proteostasis Therapeutics Inc (NASDAQ:PTI) Strong bullish candle on decent volume. Watch tomorrow for a follow-through day. Next resistance lies at 5.38 followed by 6.75
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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Catalyst Pharmaceuticals Inc (NASDAQ:CPRX) had a nice move, as the stock set new 52-week highs. The stock hit a high of $2.27, which is resistance for the follow through move. Charts on all time frames are bullish.
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: ACHN, ATHN, CPRX, HTGM, INPX, PTI
