Stocks to Watch for October 06, 2014

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JAKKS Pacific, Inc. (NASDAQ:JAKK) is bullish with a lot of indicators showing up. The slope of the recent upward move is very steep accompanied by increasing volume. The stock broke the 200-day EMA and also the horizontal resistance line. First possible target price for this stock is at $7.90 and have to see from there.

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Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR) still looks pretty good on the daily chart with volume expanding as the stock moves higher. It continues to look bullish and had a decent day on Friday. The stock hit a high of $29.93, which is resistance for the next upside move.

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Lakeland Industries, Inc. (NASDAQ:LAKE) is consolidating in a "pennant chart pattern". If it clears the pattern it should head to a new high. Technicaly chart shows the stock is still in a very strong bull market with MACD on top of signal line and wiht the 50-day EMA on top of 200-day EMA. To the downside, next support lies around the 8.27/8.08 area being the 13 and 20-day exp moving averages.

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OXiGENE Inc (NASDAQ:OXGN) presents a potentially long opportunity with several technical indicators suggesting it could make a big run very soon. If the resistance of upper line of the "Falling Wedge" is as light as it appears, early entrants could yield strong gains. Chart indicators show that the stock has started a new uptrend and the volume starts to pick up. There could be good upside in this trade, so watch OXGN closely next week.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) traded nicely yesterday and I am looking for continuation of the upward direction. The stock at least can hit the 100-day EMA at $24.52 cents per share. Watch to see what it does here.

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Goldman Sachs Group Inc (NYSE:GS) may be close to breaking to new highs here. Volume is starting to pick up again and there could be a decent short squeeze if it clears the recent high. GS is worth watching on Monday, especially if the market shows strength.


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China Recycling Energy Corp. (NASDAQ:CREG) showed buying strength last week. The stock is on the verge of breaking out and it could happen very soon.

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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
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