United States Steel Corporation
(NYSE:X) finally rebounded on heavy volume. This could be the start of a
trend reversal for the stock, which is why I will be watching again the
stock on Tuesday. Next resistance is $11.59, which was Monday’s high of
the day. If the stock breaks through, there is a good chance you will
see a strong upside move, so watch the stock very closely tomorrow.
Plus, MACD triggered a bullish crossover.
Rubicon Technology, Inc.
(NASDAQ:RBCN) might be close to squeezing some shorts based on the
recent price action. The stock is on the verge of breaking out of a base
formation and it could happen tomorrow. Once it breaks $1.08, jump in
and watch RBCN take off. The stock is now trading significantly below
cash and book value. With an improving RSI and a bullish stochastic
crossover, I have a feeling that it will break higher shortly.
VIVUS, Inc. (NASDAQ:VVUS) daily
chart is very promising. The stock coube be gaining momentum to break to
the upside. Keep an eye for a possible breakout over $1.77
Aerie Pharmaceuticals Inc
(NASDAQ:AERI) surged in the final hour of trading and closed back over
the 200-day exponential moving average, which is very bullish for an
upside move. Keep a close eye on AERI for Tuesday.
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