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Plug Power Inc (NASDAQ:PLUG) made an awesome move today breaking out of a major resistance line with volume backed confirmation. I went long as its quite possible we should see a short term move near $2.6/share. The technical daily chart above shows bullish sign with +DI line on top of -DI line and MACD rising. There could be good upside in PLUG so watch the stock closely.
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Ballard Power Systems Inc. (NASDAQ:BLDP) shorts are getting squeezed here. In parabolic mode.
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It looks like Spherix Inc (NASDAQ:SPEX) is starting to turn back up and indicators are giving the first bullish signs. It closed today just slightly above the key EMAs 50&200, which is a very bullish signal for tomorrow. A volatility squeeze seems eminent. You want to watch the stock closely as SPEX can move quickly and you want to be ready for this move once it happens.
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Juno Therapeutics Inc (NASDAQ:JUNO) broke through resistance at $44.6 accompanied with high volume. We should be able to see another decent upside movement for the bulls here. Next resistance lies around $50
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Second Sight Medical Products Inc (NASDAQ:EYES) With its support around the EMA50, today's candle proved that this support is holding nicely and that a new leg higher is about to take place. Daily technical indicators are showing some nascent signs of bullishness. If we reclaim the $1.23 level (EMA100) and hold, i expect a rapid move toward 1.44 area.
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 keeping TearLab Corp (NASDAQ:TEAR) on the list for a possible strong move to the upside. There are several indications I see which suggest a near-term bottom, including large positive divergences on MACD, RSI and CMF. A break above 1.55 on a close basis should be seen as a serious threat for the stock to test the $2 levels again.
If you want to contact me for advertising opportunities on blog or twitter, then get in touch via emailDisclaimer : 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
