Wednesday, February 15, 2017

Watchlist for Thursday, February 16 $DRNA $PRKR $TRIL $MGNX $PSIX $QCOM $OVAS

Dicerna Pharmaceuticals, Inc.
DRNA ---> Made a strong trade session with heavy bullish volume, crossing and closing above its 50EMA and above its Upper Bollinger Band Line. Accumulation and Buying Pressure shot higher too, which me to believe that this upside movement is just in the beginning. If break above $3.46 on volume, it could see its 200EMA fast! Stay tuned.

ParkerVision, Inc.
PRKR ---> Buyers are in charge! It could jump higher on the confirmation of the break above its 50EMA.

Trillium Therapeutics Inc.
TRIL ---> Is ready for the next round up now that it broke above its 50EMA and above its Upper Bollinger Band Line. It is under high Buying Pressure maybe because of  " ... announced that it will present new data from the Phase 1 trial of its anti-CD47 checkpoint inhibitor TTI-621 at the ASCO-SITC Clinical Immuno-Oncology Symposium on February 24, in Orlando, Florida." 

MacroGenics Inc.
MGNX ---> Great trade session under Volume Accumulation and Buying Pressure. Could make a strong squeeze on the break above its 50EMA.

Power Solutions Intl, Inc.
PSIX ---> Ready to continue its recovery! Breakout watch over $3.82.

QCOM ---> Broke its 20EMA easily as i expected, confirming its strong recovery! It has now a nice room ahead to climb! With Accumulation rising strongly, it should reach its 50EMA very soon! Worth watching.

OvaScience Inc.
OVAS ---> Broke its 20EMA for the first time since its Big Drop. Volume was good, and Accumulation is rising well! I´ll be watching closely for the break above $1.67 and above its Upper Bollinger Band Line! If do that, we could have here a great short squeeze. keep closely.


All charts posted here are merely tools to study based on major technical indicators!! It is up to the reader to decide whether the stocks mentioned above are appropriate for your strategy! I warn that the good performance of a stock not depends only the technical data and I can not responsible for any trade that goes wrong!! Follow me on Twitter and Stocktwits, during the day I post some good ideas of trade