( click to enlarge )Karyopharm Therapeutics Inc (NASDAQ:KPTI) has been consolidating in a large bullish pennant formation above the key short-term exponential moving averages (9,13,20 and 50) which is a sign of strength. Break of resistance at 9.30 area could lead to a new short term momentum toward 13. The OBV continues to rise since the consolidation started mid-March, which suggests accumulation.
( click to enlarge )Fairmount Santrol Holdings Inc (NYSE:FMSA) is potential breakout trade above 3.35-3.4 resistance area.
( click to enlarge )Shares of Joy Global Inc. (NYSE:JOY) gained more than 11 percent, closing near its highs of the day on strong volume. The stock broke through resistance and out of a small flag formation. Next resistance is now seen at $22 (closing gap).
( click to enlarge )AGCO Corporation (NYSE:AGCO) made a strong upside reversal today. The daily technical chart is displaying a screaming buy divergence on the upside. Expect an initial run up to $53.35 with a break higher moving to the 55 zone.
( click to enlarge )Himax Technologies, Inc.(NASDAQ:HIMX) The $9.90 support needs to hold going forward. If it fails, could drop at least a dollar to test the 8.99 area. The short-term trend remains down.
( click to enlarge )NutriSystem Inc. (NASDAQ:NTRI) is breakout candidate above $21.47
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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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