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My Watchlist for Wednesday, October 05

Tuesday, October 4, 2016 14:24
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Editas Medicine Inc (NASDAQ:EDIT) is my momentum Alert for Wednesday with Huge Potential. The stock broke a falling wedge to the upside on strong volume expansion. It has an initial target of 17.65 and it may have the strength to go further. The technical indicators are also turning up from oversold conditions. Keep EDIT on your radar for Wednesday’s trading day, as there is good upside potential in this move.

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Real Goods Solar, Inc. (NASDAQ:RGSE) Could see a significant bounce from these levels. Hourly MACD is starting to curl. I honestly think that the risk of continued downside at this point is a lot less than the possibility of a sharp oversold rally. Today’s doji candle on the daily chart couldbe the beginning of a reversal in the trend. Stay tuned. Immediate resistance is located at 2.54, break above could take it till $3.

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Pandora Media Inc (NYSE:P) tried to breakout above the $15 level today but quickly failed. Only a close above this level would suggest further upside.

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Weight Watchers International, Inc. (NYSE:WTW) is setting up to break out and has one more level to go, which is $10,82. This stock has a short interest ratio of 13 and 17 million shares short (62% of float SHORT Wow). This stock could be a good short squeeze opportunity on any positive news/breakout.

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Weibo Corp (NASDAQ:WB) Great move up making a new high on rising volume. Go long on the break of Tuesday’s high at 55.59

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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.

Thanks for visiting AC Investor Blog.



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