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Tuesday's high volume breakout could
be the start of a nice squeeze higher for Gogo Inc (NASDAQ:GOGO)
shares. Over 37% of float is short (14 days to cover). The stock had a
large spread and volume today, successfully breaking several resistances
lines. A lot of eyes are on this stock right now, so make sure this is
on your radar screens. Patience is a virtue !! Squeeze seems eminent.
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Looking at the daily technical chart
of AOL, Inc. (NYSE:AOL), the price is quickly approaching a breakout if
the stock can manage to trade above $40.62. A strong volume move above
that level, could set the stock up to retest its March highs of $42.42.
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I had Rambus Inc. (NASDAQ:RMBS) on
my watchlist a few times this month and today it broke out in impressive
fashion on volume expansion. I believe the stock can easily re-visit
last year's highs of $14.82/share, if not higher.
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ImmunoCellular Therapeutics Ltd
(NYSEMKT:IMUC) back over 50c. The stock displayed relative strength on
Tuesday closing again above its 20-day moving average on solid volume.
Short-term levels to watch tomorrow 54c and then 61c.
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Enzon Pharmaceuticals Inc
(NASDAQ:ENZN) Could be a high flyer on breakout. The 52-week high is
$1.83, but based on the current momentum and volume action this level is
insignificant. Today could be CRAZY !!!
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