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BlackBerry Ltd (NASDAQ:BBRY) showed
relative strength today compared to rest of market, which is a very good
sign. The daily technical chart shows new rally has begun as %K line
has crossed on top of %D line and price broke through the major
resistance of $7.50. This new rally should at least push the stock to $8
in nearest term.
Shares of Lion Biotechnologies Inc
(NASDAQ:LBIO) continue to surge. The stock is strong and getting
stronger every day it seems. If it can close above $7.50 tomorrow, then
expect more upside. Present technical indicators are in favor of Bulls.
Im long.
Western Digital Corp (NASDAQ:WDC) is
showing early signs of reversal. A high volume move through the 82.95
price level would be buyable. The MACD is showing a positive divergence
and the RSI is back above the 50 reading forcing me to think the
possibility of a trend reversal.
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