Market Overview

Tuesday February 26th Watchlist

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Sarepta Therapeutics Inc (NASDAQ: SRPT) continued trading above the short-term moving averages. The technical indicators still indicate a bullish tone in short-term. The support level is located at $25.8 and them resistance is still at $29.63.

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Vipshop Holdings Ltd - ADR (NYSE: VIPS) Strong breakout. If the stock can break today's high of $28.49, we should see a strong follow through move.
 
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ABIOMED, Inc. (NASDAQ: ABMDDespite the bearish market action today, ABMD's stock performed well relative to the whole market. The next major resistance resides around the 16 price region. Only a close above this level would suggest further upside. 
 
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Goldman Sachs Group, Inc. (NYSE: GS) broke down today under support at $150 on strong volume. First support is now located at 143.71 with stronger support down at 140.10. Technical indicators signal a negative momentum for the stock.
 
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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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The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

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