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Sangamo Biosciences, Inc.
(NASDAQ:SGMO) Today's close on high volume confirms a trend change from
downward to neutral. Will watch to see if it can break this horizontal
resistance line. Technical indicators are showing signs of turning
around. Over $16.20 would be buy trigger.
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Digital Ally, Inc. (NASDAQ:DGLY)
could be in the early stages of a technical breakout (falling wedge
pattern on daily). If the stock can break through 13.50 tomorrow, I
expect to see heavy volume drive the stock higher.
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BlackBerry Ltd (NASDAQ:BBRY) After
consolidating sideways the last few days with an upward bias, the stock
broke out upwards today accompanied by a volume surge. Looks good for
higher prices.
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Ibio Inc (NYSEMKT:IBIO) Volume
starts to pick up again. Could make a nice move to the upside. MACD
lines are going up. Keep this one on your watch list. A break of $1.12
with force might give IBIO room to $1.31.
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CA, Inc. (NASDAQ:CA) looks like it
is getting ready to move. It has a good base at $31 which can be used as
a stop loss for long position. On the upper side, the move is likely to
accelerate above $32.50. Long setup.
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MEI Pharma Inc (NASDAQ:MEIP)
rebounded from the support line located at $2.05 and closed the day near
the highs, gaining 4.8% on the session. I'm watching the stock to
breakout the resistance level at $2.44. The technical indicators still
indicate a bullish tone in short-term.
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I think Galena Biopharma Inc
(NASDAQ:GALE) stock has found a nice bottom here and it looks poised to
post a rally from current levels. The Slow Stochastic just produced a
new buy signal. I would watch for a breakout over the $1.46-1.48 region.
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