( click to enlarge )Clovis Oncology Inc (NASDAQ:CLVS) is starting to heat up and I expect to see it trading above $32 or better very soon. This bottom play has started to bounce nicely off its bottom and the momentum indicators are giving a clear picture of a short-term upward bias. I would not be surprised if it hit $35 at some point next week.
( click to enlarge )Plug Power Inc (NASDAQ:PLUG) Price broke through resistance and out of a base formation on a huge volume spike. The next resistance level to watch is at 2.15 (50-day moving average). Above this level could test 2.56 next. On the technical side, indicators are turning up from oversold levels indicating more upside for the stock. A lot of eyes are on PLUG right now so make sure this is on your radar screens. Patience is a virtue.
( click to enlarge )AEterna Zentaris Inc. (NASDAQ:AEZS) stock closed above the trigger point on the hourly chart with expanding volume and is registering a strong Bullish signal. Let’s see whether the stock can gather enough momentum to break through Wednesday’s high. If the Bulls are able to push through 11.68, there will be another rally towards $13. Note: On Wednesday, the company reaffirmed that its business and prospects remain fundamentally strong and that the ddilution from Series B Share Purchase Warrants has been substantially eliminated, something that sounds very good for shareholders. Keep the stock under the radar.
( click to enlarge )Pan American Silver Corp. (NASDAQ:PAAS) is in a continues short-term uptrend. A move to the $7.50-7.76 range appears likely, however the stock needs to take out the 50-day exponential moving average first.
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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