My Watchlist for Thursday, June 08
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Plug Power Inc (NASDAQ:PLUG) has started a resistance breakout of the 1.95 level. Further rise could be expected and next target would be at 2.33 area. All technical indicators are pointing to higher prices.
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New Concept Energy, Inc. (NYSEMKT:GBR) had a great day on Wednesday. The stock not only had momentum it had also volume. We can see how price broke out of a falling wedge formation and hit an intraday high of $1.76. Now that level will be resistance to watch tomorrow. If the technical chart does what is supposed to do the stock will be going higher in the days to come targeting the 2.20 area. Keep the stock on your radar for Thursday’s trading day. Im long.
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MGT Capital Investments Inc. (OTCMKTS:MGTI) just turned bullish on daily charts. The stock closed today above its declining 200-day EMA for the first time since October 2.16 with solid volume. This momentum could push this stock much higher from here. Watch now the $1.43 level as next potential resistance. This bitcoin play is gaining momentum.
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China Commercial Credit Inc (NASDAQ:CCCR) made a nice upside reversal today. The stock is starting to get some momo once again. It is now riding on a short-term upward movement in share price. Technical indicators are becoming more favorable, with the MACD and RSI starting to turn up. Next resistance lies at $2.80 and then at $3.08
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Vicon Industries, Inc. (NYSEMKT:VII) In my view any pullback should be used to add long positions. The MACD and ADX are also on uptrend movement. My short-term target is in the 99c area.
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My Size Inc (NASDAQ:MYSZ) was one of the biggest winners today, as the stock closed up 30 cents on the day with huge volumes. I alerted this stock few days ago at $1 and closed today at 1.80. Congrats to all of our readers who profited from it.
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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Zosano Pharma Corp (NASDAQ:ZSAN) As expected, the stock broke up through the resistance at $1.60 on volume expansion. I'm going to keep an eye on it and see how it reacts tomorrow.
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: CCCR, GBR, MGTI, MYSZ, PLUG, VII, ZSAN
