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Tremor Video Inc (NYSE:TRMR) share price has been correcting the rise from 1.60 to 2.76 in a large descending channel over the last 4 months. Today, the Stock broke out of this pattern and closed up 14 cents to 2.15 on heavy volume. A move above 2.19 tomorrow would confirm the breakout and could lead to 2.5 initially and then 2.76, my secondary target. Now with stock back above 50-day and 200-day EMAs there should be more upside coming for the stock.
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pSivida Corp. (NASDAQ:PSDV) also looks great technically. $1.81 is an important resistance that once broken will set off a huge run up in stock, the 1st target would be $2.16 which is the high of January.
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BlackBerry Ltd (NASDAQ:BBRY) is close to attempting another breakout. This strength is confirmed by price movement as well as the Momentum Indicators. The high level of shorts will add fuel to fire.
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ImmunoGen, Inc. (NASDAQ:IMGN) had a nice bullish momentum today, gaining more than 17% and end the day near the highest price of the day. The bias is very bullish in nearest term especially if price is able to stay consistently above the $4 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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Synthetic Biologics Inc (NYSEMKT:SYN) Potential bounce play opportunity. Momentum indicators are showing positive divergences.
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
