Friday, May 15, 2015

Stocks To Watch: EYES, ANDY, OC, BBRY, AAPL

( click to enlarge )

Second Sight Medical Products Inc (NASDAQ:EYES) finally broke the upper line of this falling wedge displayed on the daily technical chart and started the new uptrend which should take it to $15 in the short-term. On the technical side, MACD and ADX all point to upward trend while RSI is also rising.

( click to enlarge )

Andersons Inc (NASDAQ:ANDE) price has had a hard time with this key resistance line (EMA100) but may be ready to move higher. According to Reuters, Richardson International is believed to be interested in Andersons. Check this out : Canada grain handler Richardson targets U.S. acquisitions. Keep it on your screen on Friday.

( click to enlarge )

Owens Corning (NYSE:OC) displayed some relative strength today. It may be ready to break out of this small flag consolidation. Trajectories of momentum indicators are turning up again.

( click to enlarge )

BlackBerry Ltd (NASDAQ:BBRY) is building a nice optimistic formation under resistance at $10.50. Watch for a break through that price level on volume to indicate that another push higher will occur.

( click to enlarge )

Apple Inc. (NASDAQ:AAPL) is quietly gaining momentum. Thursday's action suggested that there is more room for the uptrend to grow on stock. A sustained break of $130 should bring the stock price to a test of the recent highs in the $134 area.
Please share this article

No comments:

Post a Comment