( click to enlarge )Trillium Therapeutics Inc.(NASDAQ:TRIL) has been consolidating in a bullish pennant formation above the key exponential moving averages and appears ready for another breakout. The stock hit a high of $14.19 on Monday, which is resistance for Tuesday’s continuation move. If the stock can break through this level, I expect to see a strong upside move.
( click to enlarge )Mobileye NV (NYSE:MBLY) If this major support holds, the stock could see potential upside to 44, marking a retest of the previously broken support level for resistance. On the flipside, a break below 41 could see prices slip to 39.9, but a break below this level could see further downside extending towards 39. On watch.
( click to enlarge )Second Sight Medical Products Inc (NASDAQ:EYES) The price action has remained under its daily 13-day exponential moving average for some time, however, there are many positive divergences, which suggest a possible price reversal at current levels, reinforced by a potential double bottom pattern. A break above $3.35 on a close basis would be bullish. Let's keep an eye on it.
( click to enlarge )OvaScience Inc (NASDAQ:OVAS) Nice candle today on above average volume. Gap over $7.66
( click to enlarge )The daily technical chart for Digital Ally, Inc. (NASDAQ:DGLY) shows the broken resistance at 5.69 (200EMA) which also marks a break out from the descending channel. I expect the current rally to potentially hit resistance near 6.50 in short-term.
( click to enlarge )Idera Pharmaceuticals Inc (NASDAQ:IDRA) the "key" resistance has been broken today. The price can move up to 2.5-2.62 in the short-term. Now that the stock is above this horizontal resistance line , more buyers should be coming. Keep the stock on your radar.
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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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