( click to enlarge )
VirnetX Holding Corporation (NYSEMKT:VHC) After a 30% climb during trading hours on Wednesday, VirnetX Holding Corp (VHC) shares rose more than 89% in after-hours trading after a Federal jury has ordered Apple to pay $625.6 million in damages and royalties to VirnetX Holding Corp. for violating patents. I used this opportunity to take profits. Congratulations once again to everyone who was able to take part in this profitable trade. My patience paid off in a big way. I own now just VRNG in this field and will probably add more shares this morning. Above you can see the weekly chart of VHC with the major resistances coming around $11.43 (EMA200).
( click to enlarge )
Puma Biotechnology Inc (NYSE:PBYI) The rally in the price has broken the downtrend line on Tuesday and was confirmed yesterday, which is a buy signal. The stock could see now a significant bounce from this level. On the technical side, MACD and Slow Sto all point to upward trend while RSI is trying to break above its 30% level, passing into neutral territory. Plus, we saw unusual call buying in the Feb $45 strike. PUMA has a lot of upside potential, so watch it closely on Thursday.
( click to enlarge )
Intrexon Corp (NYSE:XON) Nothing has changed. Technicals are showing bullish signals supported by rising MACD, Slow Sto and RSI on the daily charts. If the stock is able to cross the 32.75 level and sustain above it, then it might go to +$36. Keep it on your watch list going forward. Yesterday on CNBC, Bill Miller said that Intrexon is his firm’s second largest position.
( click to enlarge )
BlackBerry Ltd (NASDAQ:BBRY) broke out of the bottom base formation accompanied by solid volume. This could be the start of a nice bounce and the oversold conditions will also help. atch for a continuation move today. If it breaks above 7.29 (EMA20), it could reach an initial target of 7.59 and then a secondary target at 7.75
( click to enlarge )
CONSOL Energy Inc. (NYSE:CNX) finished near its highs and has closed again above the 50-day exponential moving average. So, today keep an eye on the stock for a possible breakout over $8.65 on a close basis.
( click to enlarge )
Chesapeake Energy Corporation (NYSE:CHK) Rallied hard Wednesday on decent volume. If it clears back over 3.55 (EMA20), may have some good upside.
( click to enlarge )
I have been following AK Steel Holding Corporation (NYSE:AKS) for a few days now and surprisingly the stock showed some strength on Wednesday. The volume is starting to come back again and with it some positive price movement. Plus, momentum indicators are also flashing bullish signals, with MACD climbing and RSI rising. Look for a quick run to 2.41 then on to 2.48.
I would like to remind everybody that Benzinga Pro is one of my streaming plataforms. It delivers real-time financial news straight to your desktop. Take it for a try today HERE It’s the best financial tool for traders. I recommend this tool to all my readers/friends due to its functionality/speed and reliability.
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
Source:
http://ac-investor.blogspot.com/2016/02/stocks-to-watch-for-february-4-2016.html
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.
Anyone can
join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist
Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
