Six Chart set-ups to watch next week
( click to enlarge )
CytRx Corporation (NASDAQ:CYTR) closed the week with a clear bullish tone in its daily chart, paving the way for potentially massive breakout. A move higher above 1.10 (into the gap zone) would signal a breakout, with a next target of around $2 area. Yesterday was a big accumulation day. Let the profits run using the rising EMA200 as stop.
( click to enlarge )
22nd Century Group Inc (NYSEMKT:XXII) The stock is on the way to test the $2 level again. It could be gearing up for a nice continuation next week, so make sure to take action and do not miss out on this opportunity. A reversal may be on the way. I will use 1.55 as stop.
( click to enlarge )
AEterna Zentaris Inc. (NASDAQ:AEZS) After typical pullback the stock has found a nice around its EMA9 and might be reversing (bouncing). It might attempt to breakout above $2.35 level again next and if it succeed we should expect another strong move to the upside.
( click to enlarge )
Advanced Micro Devices, Inc. (NASDAQ:AMD) This stock has been trading in an ascending channel formation on its daily chart and is currently testing support on its rising EMA20. If price reverses from this level, we will have good buy opportunity. On watch.
( click to enlarge )
Align Technology, Inc. (NASDAQ:ALGN) continues to act strong setting new highs. Technical indicators are looking quite overbought here but can stay there for long periods of time. Any dip is a buy opportunity using the EMA9 as stop.
They are coming out with their regular subscription from September which will be $14.99 per month or nearly $180 bucks per year. Compared to that $99 forever seems like an obvious steal. I have recommended Stockal to many friends and they've liked it and give that the next set of features Stockal is coming up with is very-very attractive, I would recommend it to all my readers. BUY HERE
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
( click to enlarge )
NewLink Genetics Corp (NASDAQ:NLNK) The break of the key resistance line with heavy volume should be the next buy point. Technical indicators are looking bullish.
Folks, I have been talking about Stockal for a while now. I have used the platform and have found it quite useful for discovering stocks to pursue and for analyzing individual stocks. Stockal gives an interesting take on every stock by putting together signals for Wall St opinion, investor sentiment and future revenue predictions - which is all quite useful when added to my own process/analysis. They have just launched a $99 lifetime subscription and I think it's a must buy.They are coming out with their regular subscription from September which will be $14.99 per month or nearly $180 bucks per year. Compared to that $99 forever seems like an obvious steal. I have recommended Stockal to many friends and they've liked it and give that the next set of features Stockal is coming up with is very-very attractive, I would recommend it to all my readers. BUY HERE
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: AEZS, ALGN, AMD, CYTR, NLNK, XXII
