( click to enlarge )Cell Therapeutics Inc (NASDAQ:CTIC) has sustained a nice up move since the beginning of February and looks ready to break out into new-high territory. The short-term trend shows a very bullish higher tops and higher bottoms pattern which is a bullish signal. Considering the current price swing this stock has potential to break out above the key resistance line at 4.25.
( click to enlarge )Rite Aid Corporation (NYSE:RAD) had a strong upward jump today on strong volume which broke over the expected resistance of 6.75 to 6.87 zone. Watch for a follow through day and consider a stop loss just below the most recent bottoming level around $6.38.
( click to enlarge )AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) Daily A/D shows a very strong accumulation. It may be ready to break out of this consolidation. If the stock price breaks out it could easily rally to my first target of $2.20. Keep AVEO on your radar !
( click to enlarge )Valero Energy Corporation (NYSE:VLO) broke out to an all-time high on strong volume. Long.
( click to enlarge )Zynga Inc (NASDAQ:ZNGA) is still holding up well and the stock has a chance to move higher. Keep this one on your watch list, it could be setting up to break out of this flag.
( click to enlarge )Chimera Investment Corporation(NYSE:CIM) Bullish Engulfing candle today on strong volume. The stock broke through its short term resistance level of $3.13 and looks ready to go higher. Waiting for a break above the 3.20 level for a long position.
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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
