( click to enlarge )Viking Therapeutics Inc (NASDAQ: VKTX) is in a bullish flag consolidation which suggests that it may break above the recent highs soon.
( click to enlarge )Izea Inc (NASDAQ: IZEA) Could history repeat itself ? After looking at this daily chart and reviewing the recent price action (everytime that RSI reaches an extreme oversold condition) i have come to the conclusion that we could see a surge like the one on the chart from April. The extreme oversold levels usually indicate the beginning of a change in direction and are a great place to look for reversal entries. So, that was the reason to take long positions here. Note: this is a penny stock so play it like a penny stock.
( click to enlarge )Friday marked an important shift in Versartis Inc (NASDAQ: VSAR) shares as they closed above a major horizontal resistance line that has been forming since January. This stock was one of the big winners in after-hours, following the news that Director AKKARAJU SRINIVAS bought 1.05 Million shares in open market over last 3 days. Keep VSAR on your radar for Monday’s trading day.
( click to enlarge )BlackBerry Ltd (NYSE: BB ) Chart is simply telling me that this is a nice healthy pullback on low volume after a big run. The trend should resume back up in the very near future. The stock has a Bullish outlook.
( click to enlarge )Stitch Fix Inc (NASDAQ: SFIX) had a huge breakout day on Friday and closed above the EMA100 on heavy volume. The next key resistance levels are located at $26 and $26.88
( click to enlarge )Extremely bullish moves on Ascena Retail Group Inc (NASDAQ: ASNA) are taking place over the last session’s. The stock broke another flag formation Friday on heavy volume. The stock hit a high of $4.74, which is now resistance for Monday’s continuation move.
( click to enlarge )Galectin Therapeutics Inc. Common Stock (NASDAQ: GALT) had good volume and a big bullish candlestick on Friday. Breakout watch over 6.74
( click to enlarge )Synergy Pharmaceuticals Inc (NASDAQ: SGYP) is threatening to break through the 100 day moving average which would be a very bullish sign for the stock. Resistance is $1.90. The stock has been strong over the past days, so watch it closely the next few trading sessions.
( click to enlarge )Ekso Bionics Holdings Inc (NASDAQ: EKSO) had also a positive day on Friday. The $1.84 level or EMA200 is the next resistance level that if broken, could send shares back to $1.95. If the stock can break through resistance, we should see another strong upside move. EKSO will move very quickly, so watch the stock closely on Monday.
( click to enlarge )Chinanet Online Holdings Inc (NASDAQ: CNET) has a very interesting technical daily chart as the stock looks to be ready for a good upside move. The technical indicators are displaying good signs. Resistance for this move is $3.30. The stock can move quickly, so watch the stock closely.
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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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AC
