( click to enlarge )
Shares of Rosetta Genomics Ltd.
(NASDAQ:ROSG) skyrocketted 14% with heavy volume to $3.7 per share
following a report from Zacks Small Cap Research announcing a price
target of $13. They have maintained the BUY rating but raised their
price target on the company 30% to $13 per share from previous $10.50
per share due to the acquisition of PersonalizeDx. With daily technical
chart showing strength as MACD is above signal and RSI above 50, we
could see the stock keep going strong for a while. If momentum continues
as I expect tomorrow, I believe there are lot of profits left on the
table for investors to capitalize on.
( click to enlarge )
Sonus Networks, Inc. (NASDAQ:SONS)
Stock confirmed today my previous analyse and the bounce looks to have
just started. Based on the daily technical chart above, this stock has
declined to the point of becoming a good bottom play, at least a 15-20%
bounce in my opinion. Today's volume and buying action, seems to support
this view.
( click to enlarge )
DryShips Inc.(NASDAQ:DRYS) Daily
technical chart seems to have bottomed for now. The RSI is trying to
move up from the bearish zone while the MACD and CMF are showing a
positive divergence, signaling that a bounce is likely. DRYS is a risky
stock but currently presents an interesting opportunity.
( click to enlarge )
Second Sight Medical Products Inc
(NASDAQ:EYES) keeping my bullish bias despite the volatility. The stock
has held support around the short-term EMAs and is displaying a
screaming buy divergence on the upside. With 20-day EMA on top over
50-day EMA, MACD above 0 and RSI above 50% level, the stock is currently
in a short-term uptrend. Levels to watch $15.60 and then $17.62
( click to enlarge )
First Solar, Inc. (NASDAQ:FSLR)
broke above resistance in today's trading session on solid volume after a
period of consolidation. I still like this stock and will be watching
it again tomorrow, expecting to see a continuation move.
( click to enlarge )
BlackBerry Ltd (NASDAQ:BBRY)
displayed relative strength today closing above its major EMAs. The
stock is regaining momentum with daily MACD back above its signal line
and moving up in positive territory. Long setup.
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