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Wednesday, March 01, 2017 

My Watchlist for Thursday, March 02

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MYOS RENS Technology Inc (NASDAQ:MYOS) price broke the downtrend line on strong volume today and could eventually rally up to test the 4.50 levels in the nearest term. Technical indicators are becoming more favorable with MACD and RSI rising. There could be good upside in this trade, so watch the stock closely on Thursday.

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VelocityShares 3X Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (NYSEARCA:UGAZ) forming a potential bottom chart pattern. Added today.

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MGT Capital Investments Inc. (OTCMKTS:MGTI) Nice looking breakout with huge volume. Looking for a move above $1.25

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In line with my anticipation, TherapeuticsMD Inc (NYSEMKT:TXMD) confirmed today the reversal when it broke up above the $6.47 level. The stock price is now riding on an upward movement. Technically, my model remains long, targeting $7.2 area. Immediate support is seen at $6.14.

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Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) broke resistance on volume today. Increased volume at the break-out supports the bullish trend. Buy the stock in dips with stop loss at $5.12

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I believe that shares of Bridgeline Digital Inc (NASDAQ:BLIN) have room for a significant uptick beyond these levels.. President and CEO purchased more than 147k shares on Monday. Key resistance 78c

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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.

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About Me

  • 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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