( click to enlarge )AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) As you can see in the daily technical chart above, it looks like the stock is ready to continue its run higher. The bottom is rounding and technical indicators are beginning to turn positive again.
( click to enlarge )Valeant Pharmaceuticals Intl Inc (NYSE:VRX) closed back above the 50-day exponential moving average as the stock continues to rebound. At this point, the bias is on the upside as long as the 108.38 minor support remains (9-day exponential moving average).
( click to enlarge )Shares of Nivalis Therapeutics Inc (NASDAQ:NVLS) are starting to heat up and are worth watching. If volume can pick up I think this stock can break through resistance around 9.50 and re-test its October highs. I started to accumulate the stock.
( click to enlarge )Relypsa Inc (NASDAQ:RLYP) This Bullish flag formation indicates a healthy consolidation. Watch for a break higher.
( click to enlarge )BlackBerry Ltd (NASDAQ:BBRY) extended its rally further up, hitting a fresh six month high of $9.29. Bulls have upside technical momentum.
( click to enlarge )Plug Power Inc (NASDAQ:PLUG) has recovered nicely from its November lows and can potentially set-up very well for a swing-trade if it breaks through the resistance level at $2.35. The technical indicators are looking Bullish with MACD indicator rising above its sell signal line and RSI indicator moving up from the 50% level. There could be good upside in this trade, so watch this stock closely.
( click to enlarge )Cardiovascular Systems Inc (NASDAQ:CSII) closed above its 50-day exponential moving average for the first time since July, indicating a bullish signal. The bias is bullish in nearest term targeting $16.70 resistance area.
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.
Thanks for visiting AC Investor Blog.
AC
