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Wednesday, April 19, 2017 

My Watchlist for Thursday, April 20

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Shares of Vuzix Corporation (NASDAQ:VUZI) are starting to heat up and are worth watching. My buy order got triggered when the stock finally broke out of this falling wedge pattern. The breakout was confirmed by a daily close above the EMAs 9 & 13, as well a sharp increase in volume. The accumulation/distribution line is also starting to curl upward, which should eventually lead to price increases. Keep VUZI on your watch list going forward, low float stock, can move quickly. Next resistance lies at $6.75

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Ritter Pharmaceuticals Inc (NASDAQ:RTTR) appears to be forming a bottom. Technical indicators are also turning up. Over 1.10 this could move fast.

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Skyline Medical Inc (NASDAQ:SKLN) successfully close above the key resistance level of 2.42 on very impressive money volume. This is a very bullish development for Thursday. Short-term technical indicators are also strong. If the stock can break today’s high of $2.59, we should see a strong follow through move. Next major resistance level lies at 3.25

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Aldeyra Therapeutics Inc (NASDAQ:ALDX) has a technical chart set to breakout. Watch over $5.30

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Juno Therapeutics Inc (NASDAQ:JUNO) has been in a nice bullish consolidation over the last two weeks and appears ready for another breakout. Keep on watch.

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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.

Thanks for visiting AC Investor Blog.

AC

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  • 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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