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Rewalk Robotics Ltd (NASDAQ:RWLK) broke out of a small consolidation pattern on heavy volume and could eventually rally up to test its declining 200-day EMA in the coming sessions. Looking at the technical daily chart the near-term outlook is very positive. Let’s see whether the stock can gather enough momentum to break through $2.50 next week. Congrats to all of my followers who have been trading this stock since i started covering from the 1.25 level.
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Medgenics Inc (NASDAQ:GNMX) is backtesting prior breakout. Based on this, i started a position last week.
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MGT Capital Investments Inc. (OTCMKTS:MGTI) The daily technical chart shows a stock that is right on the cusp of a big breakout. If MGTI can break through its declining 200-day exponential moving average, then I think the stock can go till 1.50 very soon.
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Microvision, Inc. (NASDAQ:MVIS) The stock broke firmly above its 50-day EMA on Friday and I think this opens up the door for further gains. $2.35 is the next pivot resistance to watch.
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GlycoMimetics Inc (NASDAQ:GLYC) broke out of its multi-month consolidation. This could be the start of a rally to $15+.
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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.
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AC
Labels: GLYC, GNMX, MGTI, MVIS, RWLK