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Zulily Inc (NASDAQ:ZU) broke out of a
small consolidation pattern on High volume and could eventually rally
up to test its recent high. Looking at the daily technical daily chart
the near-term outlook is positive. ADX is starting to point up. The
Relative Strength Index is also moving higher, which is a sign of
growing strength in the stock and MACD is also giving a positive
indication. ZU will move quickly, so keep it on your screen on Tuesday.
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Ballard Power Systems Inc.
(NASDAQ:BLDP) Could be a high flyer on breakout, look for a break and
close above $2.5 to enter longs. Daily technical indicators are looking
Bullish.
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Idera Pharmaceuticals Inc
(NASDAQ:IDRA) I see a potential inverted head and shoulders pattern
forming on daily charts. If the stock price breaks out of the neckline,
target level is around $5.20. My model is mixed with upside bias. For
now lets wait for that break out to occur.
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Cyberark Software Ltd (NASDAQ:CYBR)
established a new 52-week high today of 71.86, however in the final hour
stock retracted closing at $70.83. Overall technical indicators are
still in Bullishs areas. Let's see if tomorrow stock will confirm
intraday breakout.
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