( click to enlarge )KB Home (NYSE:KBH) The stock is testing a major support zone 50-day EMA and medium-term trend line support. Play the reaction. From a technical perspective, the daily technical indicators are showing bearish signs. The MACD is positive but falling below its signal line. The RSI is below its 50% level and the CMF is negative. The stock is trading well above its rising 200-day EMA, which is a good sign, but at this level strict stop losses must be maintained. Keep a close eye on KBH tomorrow !
( click to enlarge )Procera Networks Inc (NASDAQ:PKT) Nice mover off of the 20-day EMA. Upside volume has been good lately and there is one level to watch in the near term for a breakout: 14.97 . The technical indicators are improving with increased accumulation. Keep PKT on your radar !!!
( click to enlarge )Uranium Energy Corp. (NYSEMKT:UEC) has been in a strong upwards trend the past few days and looks ready to continue this move.
( click to enlarge )UniPixel Inc (NASDAQ:UNXL) The stock closed below key support level of 19.53 EMA200 for the first time in over six months. This is something worth watching.
( click to enlarge )3D Systems Corporation (NYSE:DDD) was one of the few winners today, as the stock closed up 78 cents on the day. Today’s high was $47.78, which is resistance for the follow through move. If it can break through this level, expect to see heavy volume drive the stock higher. I'll watch the stock closely on Thursday.
( click to enlarge )A M Castle and Co (NYSE:CAS) Cup and Handle pattern formation in progress. 18.74 is the level to watch for a breakout.
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