( click to enlarge )Cytori Therapeutics Inc (NASDAQ:CYTX) Basing here, play the line it breaks on heavy volume. As long as the stock holds above the $.45 support level the short-term picture should remain positive.
( click to enlarge )Pacific Biosciences of California (NASDAQ:PACB) has broken out of the consolidation flag pattern that it formed in the last 3 weeks. The stock hit a high of $8.34, which is resistance for Tuesday’s move. If PACB can break through resistance, we should see a strong follow through move as there is a high short interest in the stock. Watch the stock closely tomorrow.
( click to enlarge )Denny's Corporation (NASDAQ:DENN) tried to breakout but could not hold. Only a close above $10.73 gives the Bulls the green light.
( click to enlarge )Cliffs Natural Resources Inc (NYSE:CLF) has broken out of an ascending triangle bottom pattern with a gain of 55 cents to 7.70 on Monday. If the upward movement continue tomorrow it may break out from its 50-EMA resistance at $8.07
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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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