Pacific Ethanol Inc (NASDAQ:PEIX) is
in the beginning stages of a Breakout. The stock finally broke the
downtrend line that had been in place since May, which could spark a
momentous rally. Technical indicators are supporting the bulls. The MACD
is rising and above the signal line and RSI is moving up. In addition,
the CMF is also turning up which means there is more money flowing into
the stock, all early positive signals. I think we will see some nice
follow through tomorrow. This was a $13 stock less than 5 months ago.
ZIOPHARM
Oncology Inc. (NASDAQ:ZIOP) is trading around the 200-day EMA and a
close above this level could generate a significant upswing. Keep it on
your watch list.
PS : U.S. ethanol exports rebounded
strongly in July, according to RFA analysis of government data released
last week, rising 28% from June to 77.2 million gallons, so keep PEIX on
your watch list going forward.
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