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Monday, June 05, 2017 

My Watchlist for Tuesday, June 06

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Envirostar Inc (NYSEMKT:EVI) Worth eyeing. Poised to breakout to new highs. A high volume move through the $25 price level would be buyable.

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VirnetX Holding Corporation (NYSEMKT:VHC) Congratulations to everyone who followed VHC. The stock closed up 16.8% on a monstrous 2.98M shares traded. Today's high is resistance for a follow through move on Tuesday.

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I'm keeping an eye on Zosano Pharma Corp (NASDAQ:ZSAN) for a breakout above its 200-day EMA located now at 1.60. A break and close above this key resistance line could move the stock towards the $2.10 level. MACD is rising and RSI is in bullish territory, supporting a move higher. Don`t miss the run higher. This is a hot stock to watch IMHO.

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Navistar International Corp (NYSE:NAV) broke a key resistance line today on high volume with an up-move of $3.3 to $29.05. Next resistance is now seen at 29.53.

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You need to watch Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) stock closely because it could break resistance very soon. Buy point would be on the day it blows through $1.41 on heavy volume.

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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.

Thanks for visiting AC Investor Blog.

AC

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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