Momentum small cap stocks for Tuesday, September 17
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Fuwei Films (Holdings) Co Ltd (NASDAQ: FFHL) Here is a great stock that I find worth considering for your watchlist after a big pullback on low volume in its value during the past month. Stock is basing nicely after finding support at the 50-day exponing moving average. It had a great move yesterday and closed at $3.12, up $0.20 on solid volume. The stock is setting up to break out and has one more level to go, which is $3.37. A break above this resistance should at least push the stock to $5 per share where the next pivot resistance point is. A reversal may be on the way. I started buying before it explodes higher.
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Zafgen Inc (NASDAQ:ZFGN) Yesterday after the close, 683 Capital Management, LLC has filed a new 13G reporting 6.2% stake. As you can see, this stock has clearly been showing relative strength in the last couple trade sessions. If it breaks the key resistance line of 75c, it should easily go to next price resistance around 81c
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Ocean Power Technologies Inc (NASDAQ:OPTT) The buy/add point would be when it breaks over 2.41 on heavy volume.
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Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) had a remarkable move up yesterday with very high volume. Looks good over $2.8 with volume. The short-term uptrend is intact and signals further bullishness on this stock.
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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Inflarx NV (NASDAQ:IFRX) another small bio cap that had a nice move yesterday on solid volume. The real fireworks should begin if the stock price can close above the 3.19 level. As long as the stock can remain above its 20-day EMA, I like the stock.
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
Labels: FFHL, IFRX, LXRX, OPTT, ZFGN
AC : you should definitely keep DTEA on watch whole week... 👀👀👀💵💵💵
. Target at $2.60 area
Posted by
Indy2019 |
1:07 PM