MEI Pharma Inc (NASDAQ:MEIP) The
downtrend line resistance has been broken on the daily technical chart.
The price can move up to $2.40/44 in the short-term. Indicators are
strong and the MACD recently produced a new buy signal. Should breakout
hard to upside when it crosses over $2.44 (GAP). Long setup.
Gogo Inc (NASDAQ:GOGO) looks poised
to break out of a falling wedge pattern and MACD is about to climb above
the signal line. If it clears resistance the move may be powerful.
FireEye Inc (NASDAQ:FEYE) has been
in a major corrective phase in the recent weeks. The downtrend that
commenced in late June appears to have been completed at the latest low
of $41.77. The MACD on the daily chart is starting to give a new buy
signal and the share price could move to the short-term target of
$45.20-$45.84. This view would be valid as long as the stock holds above
$41. Place a stop-loss at this level for long positions.
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