( click to enlarge )ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) is still trading around the $33 level which has been a strong resistance over the past several days. I now plan to buy the stock again if it can break Thursday's high of $34.06.
( click to enlarge )Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) broke out from its sideways consolidation with a 3% rally and closed over the resistance area of 8.30. Keep this one on your radar over the next days.
( click to enlarge )GoPro Inc (NASDAQ:GPRO) broke out above its declining 50-day EMA today and surged considerably higher amidst impressive buying pressure. It is getting some buying and looks poised to post some nice gains if the buying volume persists. I expect the stock to continue to gain investor interest going forward. Keep it on your watch list.
( click to enlarge )Intrexon Corp (NYSE:XON) Price should become explosive if this daily chart pattern is broken to the upside with volume.
( click to enlarge )BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) is building an optimistic pattern under resistance at $91. Watch the stock closely for a break through that price level as a cue that the stock wants to go higher. Initial support at $85
( click to enlarge )Gogo Inc (NASDAQ:GOGO) showed some nice strength today. The stock closed nicely above the major short-term MA levels with solid volume. Keep an eye for a possible breakout over 11.32
( click to enlarge )Vringo, Inc. (NASDAQ:VRNG) There is a positive MACD divergence on the daily technical chart and this usually means that an upward movement is coming. Wednesday’s high was $1.95, which is resistance for the continuation move. There is a lot of upside in this trade, so keep this stock on your screen tomorrow.
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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
