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Voxeljet AG (NYSE:VJET) has broken the upper line of a falling wedge, which was drawn during the last two months. Plus, the stock's MACD has also crossed above the signal line, which further confirms that the trend has switched from negative to positive which indicates that a rally is in progress and we should expect a move higher towards $8.72 where the 100-day EMA (pink line) is found. Note: Anthony Gerstein, Director of Investor Relations and Business Development will present at Stephens Spring Investment Conference in New York, NY on Wednesday, June 3rd, 2015, another catalyst for stock next week.
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ExOne Co (NASDAQ:XONE) is approaching a breakout point at the 13.50 level where it closed on Friday. A break above the 50-day EMA would lead to next targets in the 14.9 and then 16 area. The daily technical indicators are showing positive divergences. The MACD has moved above its signal line and the RSI is rising above the 50% level. Plus, the merged 13-day and 20-day EMAs are beginning to show an upward bias. I Really like the look of this daily technical chart...note earnings Jun 11 AMC.
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The strong move in Kite Pharma Inc (NASDAQ:KITE) shares. The stock price broke out of a Bullish flag chart pattern accompanied by strong volume. I think we will see a nice follow through next week. This momentum could push this stock much higher from here. Next resistance is now seen at $66.40.
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On watchlist no trigger yet. TASER International, Inc. (NASDAQ:TASR) continues to consolidate in a very tight range. Long above $33. The stock has been in a nice uptrend for the last three monts and it looks very strong with the Key EMAs going up. There is plenty of accumulation on daily chart. Use the 50-day EMA as your stop-loss.
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