( click to enlarge )Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) had a great move on the upside today and closed above the 200EMA. The stock is setting up to break out and has one more level to go, which is $3.14. SNSS call options were also very active today, particularly the August $4 calls. Long setup on watch.
( click to enlarge )Micron Technology, Inc. (NASDAQ:MU) has achieved a boost during Tuesday’s market as traders witnessed the extreme oversold position, driving shares up 0.5%. I would like to see a break over todays high of 19.10 to indicate possible bounce is on deck. I feel that fundamentally, the stock looks attractive at least for the short term.
( click to enlarge )Fitbit Inc (NYSE:FIT) Setting up nicely for new highs.
( click to enlarge )Seres Therapeutics Inc (NASDAQ:MCRB) closed at $41.5 on Tuesday, up $3.50 for the day. The technical chart above suggests that stock might find now resistance at $42.36. Only a break above this level would suggest further upside.
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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