Market Overview

Antonio Costa's Watchlist For Wednesday, June 21

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Delcath Systems, Inc.(NASDAQ: DCTH) hit a low of $.002 just a few days ago. This was a stock I covered on my blog last week, as a potential bounce play. Today, the stock closed at $.022 a share. Congrats everyone who took advantage of that. From a technical standpoint, the 100-day EMA is not that far away and would represent a point of serious resistance. Keep in mind, this is a penny stock so play it like a penny stock.
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Dextera Surgical Inc (NASDAQ: DXTR) is finally starting to break out. The stock hit bottom in the low $0.17 and has started to work its way higher. It has the potential to pull a similar DCTH move.
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Prana Biotechnology Limited (NASDAQ: PRAN) I think its worth watching tomorrow. This is a great chart set-up and todays momentum could take the stock to $2.83 - $3 before weeks end. What I like about this chart after today's close is the falling wedge pattern and the curling of the MACD and ADX.
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Seeing if Workhorse Group Inc (NASDAQ: WKHS) stock will continue its upward move on Wednesday. Worth adding to your watchlist.
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CombiMatrix Corp (NASDAQ: CBMX) the stock looks to be turning the corner on the daily technical chart after falling steadily over the last few weeks. Immediate resistance 5.35

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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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Posted-In: Biotech Technicals Trading Ideas General

 

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