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Voltari Corp (NASDAQ:VLTC) starts
showing buy signals again. The latest candle is a strong bullish
engulfing candle on massive volume and it is most likely that the stock
will continue its move up. For now, expect a run up to next major
resistance area around $10.8. Support lies around $7
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Shares of Sangamo Biosciences, Inc.
(NASDAQ:SGMO) are starting to heat up again and are worth watching. If
volume can pick up I believe this stock can break through resistance at
$13.94 and re-test its recent highs around $16.
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Thin name but with a nice looking
chart. If China Gerui Adv Mtals Grp Ltd (NASDAQ:CHOP) can break out
above $2.32 (20EMA) on volume, I think the stock could shoot up to test
$3. There looks to be good upside potential, so watch the stock very
closely on Thursday.
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China BAK Battery Inc. (NASDAQ:CBAK)
is trapped between the 50-day exp moving average and the 200-day exp
moving average. I feel a big move is coming within the next few
sessions. MACD is about to trigger a buy signal with RSI pointing
upwards.
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