( click to enlarge )Kandi Technologies Group Inc (NASDAQ:KNDI) broke out of the bull flag pattern to new highs today. The stock traded heavy volume as it hit a high of $22.11. This high is the next resistance for Tuesday’s continuation move.
( click to enlarge )GasLog Ltd (NYSE:GLOG) looks strong enough to move forward. The stock bounced off support of the 9-day exp moving average and surged nearly 4.5% with good volume. It has the potential for a strong follow through, so watch it closely on Tuesday.
( click to enlarge )Ventrus Biosciences Inc(NASDAQ:VTUS) Bulls are attacking the 9-day exp moving average located at 1.43, a break above could trigger a rally towards 1.50 resistance and determine overall bias.There are some signs that the stock is gaining some momentum in recent days. The stock is well oversold and a bull move is probable for the coming sessions. The technical chart shows some divergences on MACD and RSI. Keep an eye on VTUS and be prepared for this upcoming move.
( click to enlarge )Idenix Pharmaceuticals Inc (NASDAQ:IDIX) looks to be setting up for a breakout move, which could occur very soon. The stock traded a good volume today as it closed up 27 cents on the day. It is trading near the major level of $7.50, which is resistance for a breakout move. I'm buyer once this move occurs and I expect to see strong volume drive the stock higher.
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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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