Friday, June 26, 2015

Stocks To Watch: FUEL, GOGO, GRPN, GEVO



Rocket Fuel Inc (NASDAQ:FUEL) The stock made an awesome move breaking out of a major resistance line (50EMA) with volume backed confirmation. I went long as its quite possible we should see a short term move near $10.5/share. The technical chart shows bullish sign with +DI line on top of -DI line and MACD rising. There could be good upside in FUEL so watch the stock closely on Friday.



Gogo Inc (NASDAQ:GOGO) broke through resistance at $23.10 accompanied with high volume. We should be able to see some decent upside movement for the bulls here. Next resistance lies at $25


Groupon Inc (NASDAQ:GRPN) is already at extremely oversold conditions with daily RSI (9) at 23. The MACD indicator has stabilized and volatility is dropping. On watch for a potential bounce.



Gevo, Inc. (NASDAQ:GEVO) Volume starts to pick up again (mainly in the final hour of trading). Could make a huge move to the upside. Keep it on your watch list. A break of $4 with force might give stock room to $4.36.

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