( click to enlarge )Zalicus Inc (NASDAQ:ZLCS) The stock price formed a strong bullish engulfing candle on the daily chart today, which could lead to additional gains in the coming sessions. Its accumulation/distribution indicator has moved strongly higher and MACD is improving. First resistance is seen at $1.26 and then at $1.49.
( click to enlarge )Accuray Incorporated (NASDAQ:ARAY) Chart looks good. Bull flag formation.
( click to enlarge )Stalking. I'd like to see MRC Global Inc (NYSE:MRC) close over 31.52 before getting involved.
( click to enlarge )QUALCOMM, Inc. (NASDAQ:QCOM) broke out to a new all-time high today accompained by a solid volume suggesting higher levels. I'll be watching the stock on Wednesday looking for a follow through move. As long as the stock stay above $70.74 (20ema), the bullish scenario still intact.
( click to enlarge )Superconductor Technologies, Inc.(NASDAQ:SCON) Long set-up on watch. Lets see if it breaks over $2.35 this week.
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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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