( click to enlarge )BlackBerry Ltd (NASDAQ:BBRY) continued its bullish momentum last week recording a new 52-week high of $9.36. The trend remains clearly bullish testing $9.46 area. A clear break above that area, could trigger further bullish pressure testing $11. By combining the current momentum with a high short interest as a percentage of float, shorts could experience additional carnage in the coming weeks.
( click to enlarge )CytRx Corporation (NASDAQ:CYTR) might bounce at the rising 50-day EMA on the daily chart.
( click to enlarge )Sarepta Therapeutics Inc (NASDAQ:SRPT) Continuing to work very well for me, one could buy or add when it clears this key resistance line at 39.36.
( click to enlarge )MagneGas Corporation (NASDAQ:MNGA) Thin name. Keep on watch, if the stock can clear back over the declining 13-EMA it may take out the descending trend line from March. The company plans to showcase MagneGas2 at two different Distributor trade shows in May. Because of this event, I believe that the buyers will stepping into play, and that the stock will bounce back towards the 45c region.
( click to enlarge )Autodesk, Inc. (NASDAQ:ADSK) Looks like the stock is setting up to break out to new highs, keep on watch.
( click to enlarge )Tivity Health Inc (NASDAQ:TVTY) Breaking out to new highs on volume, looks good for higher prices.
( click to enlarge )I see clearly a bottom formation on ContraVir Pharmaceuticals Inc (NASDAQ:CTRV). The reversal move could be on the cards.
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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
