Wednesday, September 23, 2015

Stocks To Watch: CDTI, DD, AEZS, GPRO

Strong breakout of resistance on volume confirmation. The heavy buying makes this an interesting situation and one worth watching on Wednesday. The technical chart shows the stock is in a short term bull market rally with MACD on top of signal line and %K line on top of %D line. This momentum could push this stock much higher from here. Next resistance is now seen around $2.50. VW scandal could benefit this company. CDTi's Chief Technology Officer will participate at the 6th Annual Global Congress of Catalysis 2015 (GCC-2015) being held September 24th to 26th in Xi'an, China.

E I Du Pont De Nemours And Co (NYSE:DD) looks like it may have found a bottom already. The daily technical indicators are looking better for the stock with MACD indicator above its sell signal line, %K line on top of %D line and RSI indicator moving up from the 30 level. A close above $49.51 will impart bullishness and will help the stock move to the $52 area.

AEterna Zentaris Inc. (NASDAQ:AEZS) I grabbed the pullback under 8c and took a long position. If it can holds this support area we might see another leg up.

GoPro Inc (NASDAQ:GPRO) MACD is showing signs of bottoming. Go long on the break of Tuesday’s high at 33.75.

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