Tuesday, April 21, 2015

Stocks to Watch: MEIP, GERN, LL, TUBE, RUBI

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MEI Pharma Inc (NASDAQ:MEIP) is one for the bottom pickers. The price entered within the gap area and a short-term rally is expected. The RSI is bouncing off 30 and the A/D is turnings up showing money is flowing into the stock. At this point, short-term traders may prefer long-positions towards a potential next target around 3.50. A reversal may be on the way.

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It looks like Geron Corporation (NASDAQ:GERN) is starting to turn back up and indicators are giving the first bullish signs. I am looking to see this stock re-test its March highs shortly.

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Lumber Liquidators Holdings Inc (NYSE:LL) initiated after hours by Cantor Fitzgerald with a $45 target and Buy rating. Nearest resistance for the stock is at 34.05. If this level is crossed and the stock is able to sustain above this level, then it might go to 35.18

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TubeMogul Inc (NASDAQ:TUBE) Keep an eye on this one, setting up to break this resistance area. Next buy point 15.95 on volume.

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The Rubicon Project Inc (NYSE:RUBI) Momentum has turned bullish and a break above resistance at 18.40 would open the door for a rally to 20.

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