( click to enlarge )Sangamo Biosciences, Inc. (NASDAQ:SGMO) just turned bullish on daily charts. The stock closed today above its 50-day EMA for the first time since August with solid volume. This momentum could push this stock much higher from here. Watch now the $13.10 level as next potential resistance.
( click to enlarge )BlackBerry Ltd (NASDAQ:BBRY) showed some nice strength today breaking several resistances lines and was trading above 50-day EMA for the sixth straight day. This denotes strength for the stock. At this level, we should see the stock might retest the resistance located at $11.17 followed by $11.67. The support level is adjusted to $9.89.
( click to enlarge )Novavax, Inc. (NASDAQ:NVAX) broke through that critical 5.25 level today on heavy volume and looks to be heading higher. The stock hit a high of $5.85, which is resistance for Tuesday’s move. If the stock can break through resistance, we should see a strong follow through move. Watch the stock closely tomorrow.
( click to enlarge )Yahoo! Inc. (NASDAQ:YHOO) had a good move today as the stock set new 52-week highs. YHOO hit a high of $44.82, which is resistance for the follow through move. The technical chart shows the stock is in a bull market rally as MACD is on top of signal line and moving upwards. You should watch this stock closely on Tuesday.
( click to enlarge )The Gap Inc. (NYSE:GPS) like for a potential gap fill over $38.
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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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