( click to enlarge )Novavax, Inc. (NASDAQ:NVAX) Consolidation below highs. I'd be cautious here as the stock price needs to work the overbought conditions. Only a break above the highs of 6.49 would suggest further gains.
( click to enlarge )Equinix Inc (NASDAQ:EQIX) brokeout from a symmetrical triangle pattern with a very large volume. The target price for the stock is around 190. Watchout for upcoming resistance at 185.44, which is a previous high.
( click to enlarge )Oncolytics Biotech, Inc. (NASDAQ:ONCY) There is a possible rounding bottom formation on daily charts and for the short-term it can target levels of around 2.12. From a technical standpoint, the MACD is about to cross above 0 and the RSI is gaining momentum. Long setup.
( click to enlarge )Quicksilver Resources Inc (NYSE:KWK) On my watch list. 3.26 is the pivot here. If it breaks, we could see 3.54 quickly.
( click to enlarge )Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) has recently been trading high volume and is about to test resistance at 7.75 which is the previous high. If that break occurs, the stock price should be ripe for a long trade. All technicals are bullish and the short term outlook continues to look bullish.
( click to enlarge )Apple Inc. (NASDAQ:AAPL) held up well today in a weak market. Technicals are now positive and its MACD just produced a new buy signal. If it breaks its recent high of 560.2 go long. Stop 539.91
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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
