Stocks to Watch for October 22, 2019
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Soliton Inc (NASDAQ:SOLY) cleared resistance on expanding volume and looks ready to extend its gains. Keep on watch list.
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OncoSec Medical Inc (NASDAQ:ONCS) is back on the list for Tuesday’s trading session. Nice bullish candle on decent volume yesterday. Looks like higher prices to come. Resistance reflects Monday’s high.
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Guardion Health Sciences Inc (NASDAQ:GHSI) This is very constructive price action as it pulls back on lighter volume. Shares have been forming a nice bull flag. If the price breaks this flag the price target is $1.20 Im buying any dip. Just playing what the chart says, nothing more.
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We finally got the breakout in Kadmon Holdings Inc (NYSE:KDMN). Shares rallied past resistance of $2.95 and hit my trigger to open positions. I will be watching the stock again on Tuesday, looking for a follow through move. As long as the stock stays above the rising 50-day EMA, the bullish scenario still intact. Moves of key indicators suggest continuation of positive bias. NOTE: The company announced yesterday in AH that the FDA has approved CLOVIQUE™ (Trientine Hydrochloride Capsules, USP), a room-temperature stable, branded generic product. Trientine hydrochloride is used for the treatment of Wilson's disease in patients who are intolerant of penicillamine. Next major resistance lies at 3.95
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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First was AVGR, then ONTX and the third stock from my Watchlist to break the $1 zone should be Dare Bioscience Inc (NASDAQ:DARE). The stock has been forming a bottom and rallied above its 100-day moving average yesterday on decent volume. It looks to be bottoming and we could see $1.14 - $1.3 in rapid fashion.
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Synlogic Inc (NASDAQ:SYBX) is another stock that I brought to my twitter followers attention recently. This stock is in the process of bottoming and I expect a pop above 2.5 at some point in the coming sessions.
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: DARE, GHSI, KDMN, ONCS, SOLY, SYBX
