( click to enlarge )Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) is coming up to a big level, as the stock is near the upper line of the ascending triangle. I will be watching this stock closely on Friday as I expect to see a strong move once the stock breaks through resistance. A move past $8.23 would be a strong indicator of a further uptrend in the stock.
( click to enlarge )Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) It looks like investors are finally aware of the buying opportunity at the current levels after the big drop occured early this month. The stock remains deeply oversold and has lots of upside potential. If it breaks today's high, the momentum could move stock to the $16 area where the 9-day EMA is located. A/D shows accumulation.
( click to enlarge )Sunedison Inc (NYSE:SUNE) closed positive on Thursday as the stock continues to try to make another upside move. The stock is likely to move to the 13.25/14 range on the break past the resistance zone.
( click to enlarge )AK Steel Holding Corporation (NYSE:AKS) With the good guidance reported after the close on Thursday the stock should gap higher tomorrow. A push through the $3 level with volume could break the downtrend line. Next major resistance level lies at 3.62
( click to enlarge )Oncothyreon Inc (NASDAQ:ONTY) $3.65 is the next resistance level that if broken, could send shares back to retest the $4 level.
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
