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Tuesday, November 28, 2017 

Stocks to keep an eye on Wednesday, November 29

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Veritone Inc (NASDAQ:VERI) Strong rally on heavy volume. The stock opened today`s session at $22.79 and intra-day was ranging at 22.35-27.89 ending the session with a strong gain of 23.53%. This could be the start of a nice rebound. The current rally should at least push the stock to 30 per share where the next resistance is.

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Social Reality Inc (NASDAQ:SRAX) continues to perform strongly and appears poised to test the highs.

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I have been following SemiLEDs Corporation (NASDAQ:LEDS) for a few days now and surprisingly the stock showed some strength today. A break of $5.64 with force might give room to $7.50..... the stock is starting to turn back up and daily technical indicators are giving the first bullish signs. Long setup/squeeze canidate.

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Fibrocell Science Inc (NASDAQ:FCSC) broke the downtrend line that it established since October on volume. Today's pullback was a just a backtest IMHO. The stock has the potential to make a big run this week, so keep a close eye on FCSC and don’t miss the trade.

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Abercrombie & Fitch Co. (NYSE:ANF) continues to act strong setting new highs. Daily technical indicators are looking quite overbought but can stay there for long periods of time.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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 46 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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