+ 0.52
+ 0.16%
+ 0.23
+ 0.13%

Stocks to keep an eye on February 18, 2015

February 17, 2015 7:33 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
( click to enlarge )

Finisar Corporation (NASDAQ: FNSR) Keep an eye on this one, potential gap fill candidate. If the stock price rises to break into the gap, then we are likely to see a strong move up. Among oscillators, the MACD indicator and the relative strength index (RSI) are rising indicating strength in the current uptrend. Key resistance is located at 20.99, a break above this level will confirm the new bullish trend and the following uptrend will take price up to 24.85 zone (closing gap).

( click to enlarge )

VirnetX Holding Corporation (NYSEMKT:VHC) Had a great day, closing up 3% on no news. The stock is approaching a breakout point at the 6.16 level. A move above this key resistance level would break the stock out of a small ascending triangle pattern that it has been in for the past 2 months.

( click to enlarge )

GoPro Inc (NASDAQ: GPRO) finished the day up 12% on huge volume of over 15 million of shares exchanging hands on the day. Looking at the technical daily chart above this looks to be just the beginning of GPRO’s run and I am confident that the gains will continue this week. The stock appears to be under accumulation again. The MACD momentum is rising and the relative strength index is turning up. Next key resistance is now located around $54.

( click to enlarge )

BlackBerry Ltd (NASDAQ: BBRY) good relative strength compared to the market today. Key resistance is located at $10.67, a break above this level will confirm a new bullish trend and the following uptrend will take price up to $11 zone. The RSI is moving higher, which is a sign of growing strength in the stock. I think its worth adding to your watchlist.

( click to enlarge )

Glu Mobile Inc. (NASDAQ: GLUU) broke out of a consolidation pattern today. If shares can break the $5.55 area then bulls should be able to target a move to $6.

( click to enlarge )

have been following Hemispherx BioPharma, Inc (NYSEMKT:HEB) for a few days now and surprisingly the stock showed some strength today. Volume starts to pick up. Nearest resistance for the stock is at 28c (200EMA). If this level is crossed and the stock price is able to sustain above this level, then it might go to 33c. The technical indicators are looking Bullish. The MACD is above signal line and above 0 line, which is a bullish indicator. Additionally to that we also have the stock price currently above all short/medium term EMA’s. Put this stock at the top of your radar. Hemispherx Biopharma and USAMRIID to Present New Discoveries Concerning the Efficacy of Ampligen against the Ebola Virus at Upcoming International Symposium on Filoviruses in Washington DC, March 25-28, 2015.

Four Free 14-Day Trials to make my readers happy !! You better hurry up! This will end soon.

Options Trading Alerts – Trading options is one of the best ways to maximize profits and minimize risk. Join Dr. Thomas Carr in his Options Portfolio that performed 45.01% v. S&P 9.94% in 2014.

Get Macro Trading Alerts – Ron Insana one of the Top 100 Business News Journalists of the 20th Century. Keep up with the market’s fastest moving trends. Join Ron Insana in his Macro Portfolio up +5.67%. 

Get an Edge on Biotech Stocks – The biotech sector is home to some of the market’s fastest-growing stocks. Join Biotech Technician, Christian Tharp in his Biotech Portfolio that performed +21.76% v. S&P +11.81% in 2014.

Swing Trading Alerts – Get insider tips and see live trading alerts every day. Join expert, Serge Berger, in his portfolio that performed +21.07% v. 11.81% S&P in 2014. 

Enjoy !!!

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.