BlackBerry Ltd (NASDAQ:BBRY)
displayed some impressive relative strength with a 2.27% gain. The area
comprehended between 7.70 and 7.85 represents a strong resistance. The
power of today's move suggests an upward breakout that could impulse the
stock to test the July highs at 8.16. Indicators are turning up. The
RSI crossed above 50 and +DI crossed above -DI today indicating renewed
buying pressure.
Amedica Corporation (NASDAQ:AMDA)
has had a rough time over the past weeks but today’s bounce could be the
first move to recovery. I'm using 51c as resistance for this upside
move. If the stock can break through this level, we should see a
reversal of this down trend. On watch.
Bazaarvoice Inc (NASDAQ:BV) broke
and closed above its 20-day exp moving average with high volume.
Short-term technical indicators are improving and the MACD rising. If
the stock can break Wednesday’s high, we should see a strong follow
through move. BV will move very quickly, so keep a very close eye on the
stock.
Juno Therapeutics Inc (NASDAQ:JUNO) Break out watch over $42.08 with volume. Technicals look Bullish to me.
If Athersys, Inc. (NASDAQ:ATHX) can
close above $1.33 this week, there should be some nice momentum in the
stock. The RSI analysis is signaling a bullish outlook which can be
further confirming in MACD and ADX charts.
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