Monday, September 21, 2015

Stocks To Watch: VRNG, PLUG, TTPH, VTL, JUNO

I've been stating for days that the Vringo, Inc. (NASDAQ:VRNG) stock was trying to bottom as it had nice positive divergence developing, now stock is near to cross the $.675 level, which could give a strong boost for run to $.82 (200EMA) Keep an eye on stock. I'm Bullish on VRNG.

Plug Power Inc (NASDAQ:PLUG) had a strong breakout Friday with a pop of 11 cents to 1.89 or 6% on 5.5 million shares, the biggest volume in a couple of weeks. Friday's strength could lead to more upside.

Tetraphase Pharmaceuticals Inc (NASDAQ:TTPH) was a nice winner for my readers and twitter followers. I brought this stock to your attention last week sub-10 and on Friday it closed at $12.54 on high volume. As i mentioned on twitter I took some profits at $12 but i will try to re-enter again.

Vital Therapies Inc (NASDAQ:VTL) shares successfully broke the $4 resistance level Friday on high volumes. This is a very bullish development. Short-term technical indicators are looking bullish and the MACD on the daily chart recently produced a new buy signal. If the stock can break the 13-day EMA at 4.17 next week, we should see a strong follow through move.

Juno Therapeutics Inc (NASDAQ:JUNO) has been on a nice uptrend and could be ready to breakout after strong volume in the last trading session. I wouldn't be surprised to see this stock trade back to $45 or better in the short term.

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