OHR Pharmaceutical Inc (NASDAQ:OHRP)
67% real gains today, more to come this week based on the daily
technical chart. The stock broke out into the gap area with Massive
volume today and I expect a continuation of the move tomorrow. The MACD
is curling up and the accumulation line is moving higher. Nice gap to
fill. PS: Brean Capital analyst Jonathan Aschoff reiterated a Buy rating
on the stock with a price target of $34. The technical chart above
indicates that OHRP is ready for a huge bounce.
Kite Pharma Inc (NASDAQ:KITE) broke
through that critical 66.50 level today on solid volume. The uptrend is
intact and signals further bullishness on this stock. The stock hit a
high of $69.99, which is resistance for Tuesday’s move. If the stock can
break through resistance, we should see a follow through move. Watch
the stock closely tomorrow.
Voltari Corp (NASDAQ:VLTC) ended
Monday's trading session at 6.74, advancing 41% with the stock
attracting 5.7 million shares. The stock shows signs of bottoming out
with the recent up move from its 4-month low. The stock has also moved
back from oversold zone and closed above all its EMAs for the first time
since early June. There is a high probability for a trend continuation
in the next sessions, as the stock could test the next key resistance
level in the 7.50 area.
Activision Blizzard, Inc. (NASDAQ:ATVI) is again setting up for a potential swing trade. Breakout point at 26.09
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