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My Watchlist for Friday, March 17

Thursday, March 16, 2017 15:03
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Starting with Professional Diversity Network Inc (NASDAQ:IPDN), on the daily technical charts, the present uptrend is getting confirmed as the days go on. The stock broke out of a base/consolidation today on strong volume. I feel this is the beginning of a bigger move, which is why I’m watching IPDN again on Friday. Immediate resistance is $13.4, which was Thursday’s high of the day. Honestly, i think we can see a parabolic move up into the all time high. If this zone is surpassed, getting to +$15.1 would be a possibility. Still long.

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GoPro Inc (NASDAQ:GPRO) was a Big winner today. The stock rose $1.16, or 15.78 percent, to $8.51. Stock rebounded strongly to the previous major support (now resistance). It will be interesting to see if we close above this key resistance area in the coming sessions. Technically, the Stochastic Oscillator is registering a strong bullish signal as the %K has crossed above the %D and the RSI is also displaying a positive signal and has recovered from deeply oversold levels.

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Vical Incorporated (NASDAQ:VICL) It appears the stock has been under strong accumulation lately (notes on chart), so I will continue to follow this stock moving forwards. Im long and strong at current levels.

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Plug Power Inc (NASDAQ:PLUG) The daily technical indicators are displaying good signs. Any close above $1.12 would impart bullishness and would help the stock move to the 1.28-1.32 area.

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Limelight Networks, Inc. (NASDAQ:LLNW) Watching over $2.55 for push up toward $2.90

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SunCoke Energy Inc (NYSE:SXC) watching over $10.19 for breakout.

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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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