My Watchlist for Thursday, October 5
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Microbot Medical Inc (NASDAQ:MBOT) looks poised for an impressive rally after surging yesterday more than 15% on strong volume. If MBOT continues to get attention it could break the $1.55 mark today and give a shot at its EMA100 of $2, which would be a remarkable gain. Technicals are showing signs of a bottom. Watch the stock closely.
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ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) broke to new recent highs yesterday on heavy volume and honeslty it looks to have firm footing for continued upside. Based on the price action and volume a break of the EMA200 is likely before the week ends.
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Microsoft Corporation (NASDAQ:MSFT) was upgraded this morning by Cannacord to Buy. I think we should retest the highs.
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Sorl Auto Parts, Inc. (NASDAQ:SORL) after consolidating for several weeks broke upward yesterday hitting $4.55. This could be the start of a rally to $5.
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21Vianet Group Inc (NASDAQ:VNET) broke through major exponential moving average resistance yesterday on strong volume and looks poised to make new highs this year.
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Infinity Pharmaceuticals Inc. (NASDAQ:INFI) Interest is starting to perk up and I expect the stock to trade much higher from here breaking the current trading range. Based on the strong volume on charts this stock remains under steady accumulation.
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The volume has been lighter but WPCS International Incorporated (NASDAQ:WPCS) has held most of its recent gains and this bodes well for the next push higher to break the large base pattern. I think this stock could pull a HMNY type move in the near-term. Lets see if I'm right.
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'd expect EnteroMedics Inc (NASDAQ:ETRM) to break this yellow line soon. Supporting this bullish bias are the technical indicators MACD, RSI and ADX all showing buy signal. I think $2.5 should come quickly putting $3.20 as the next logical target to watch.
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: CTRV, ETRM, INFI, MBOT, MSFT, SORL, VNET, WPCS
