My Watchlist for Monday, the first day of May
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BlackBerry Ltd (NASDAQ:BBRY) continued its bullish momentum last week recording a new 52-week high of $9.36. The trend remains clearly bullish testing $9.46 area. A clear break above that area, could trigger further bullish pressure testing $11. By combining the current momentum with a high short interest as a percentage of float, shorts could experience additional carnage in the coming weeks.
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CytRx Corporation (NASDAQ:CYTR) might bounce at the rising 50-day EMA on the daily chart.
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Sarepta Therapeutics Inc (NASDAQ:SRPT) Continuing to work very well for me, one could buy or add when it clears this key resistance line at 39.36.
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MagneGas Corporation (NASDAQ:MNGA) Thin name. Keep on watch, if the stock can clear back over the declining 13-EMA it may take out the descending trend line from March. The company plans to showcase MagneGas2 at two different Distributor trade shows in May. Because of this event, I believe that the buyers will stepping into play, and that the stock will bounce back towards the 45c region.
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Autodesk, Inc. (NASDAQ:ADSK) Looks like the stock is setting up to break out to new highs, keep on watch.
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Tivity Health Inc (NASDAQ:TVTY) Breaking out to new highs on volume, looks good for higher prices.
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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I see clearly a bottom formation on ContraVir Pharmaceuticals Inc (NASDAQ:CTRV). The reversal move could be on the cards.
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: ADSK, BBRY, CTRV, CYTR, MNGA, SRPT, TVTY
