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My Watchlist for Wednesday, November 30

Tuesday, November 29, 2016 16:04
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(Before It's News)

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The strong move in Skypeople Fruit Juice Inc (NASDAQ:SPU) shares was something that I tweeted in the afternoon. If you were following my twitter account you would have gotten the tweet when the stock was trading at 7.5/6. It ended the day at $9.09, gaining nearly 20%. If you jumped in and booked your profits, congratulations !! The power of Tuesday's move suggests an upward breakout that could impulse SPU's stock to test the $10 area. Stop 7.88

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Voltari Corp (NASDAQ:VLTC) technical's are looking up as we see only minor resistance at 2.85/2.90 and looks like this low float stock is poised for a strong breakout at any time now. Once the resistance of 2.90 breaks past we can see it hit the higher levels in minutes. With almost 25% of float short, this stock is a serious short squeeze candidate. MFI and MACD are all showing us something similar, uptrends. With the technical daily chart on the verge of a possible breakout, get VLTC on your radars. Carl Icahn has a huge stake in this company.

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Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) broke out in a big way today on decent volume, closing above the 100-day EMA for the first time in months. Its momentum is likely to continue.

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Palatin Technologies, Inc. (NYSEMKT:PTN) made a strong move on solid volume today. It was strong all day as the stock closed up 22% to 82c. If the stock can break the 86c tomorrow, we should see a continuation move.

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Sophiris Bio Inc (NASDAQ:SPHS) bullish reversal candle on higher volume. The next buy point would be when it breaks over 3.24 on heavy volume, while immediate support has moved up to $2.63

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Kindred Healthcare, Inc. (NYSE:KND) Will Continue to watch this stock tomorrow. Nice gap to fill if it can break through resistance.

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Syntel, Inc. (NASDAQ:SYNT) Not a good looking chart, but insiders are buying a lot of shares at current levels. They must know something positive about the company. Keep it on watch. Im accumulating.

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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.

AC

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