Watch-List for Monday, October 6 $OHRP $DRAD $CASI $INFI $VSAR $ITUS $CVLT
Ohr Pharmaceutical, Inc.
OHRP ---> Alerted on chatroom when it broke above its 20 Moving Average and since then, it rose more than 11% on strong volume. Now, it has some resistance around $0.70 area but, chart is showing us that buyers are in control, which leads me to believe that a break above $0.72 will burst it to $0.80´s level!! On watch.
DRAD ---> Shares of Digirad Corporation rose in last trade session more than 15% on strong volume and strong Accumulation! This Bottom Bounce Player has some resistance now at $2.65 area! A break above this area will provide us our first target, its 50 Moving Average, keeping an eye on $3.40 level in case if breaks its 50 Moving Average! The Momentum is strong here! Worth watching.
CASI Pharmaceuticals, Inc.
CASI ---> Shares of CASI Pharmaceuticals climbed up more than 15% from its solid base on high bullish volume, going to close very close of its 20 Moving Average and at High of the Day! A break above its 20 Moving Average will show us our first target, which is $2.70! This stock is gaining Momentum now, as we can see on its technical indicators, which are starting to curling up! As i alerted on chatroom, CASI has here lot´s of potential! Makes sense to keep closely.
Infinity Pharmaceuticals, Inc.
INFI ---> Shares of Infinity Pharmaceuticals are setting up for a big upside movement! It is trading under a very healthy Money Flow and under strong Accumulation! I´m long and strong here to see the break above $2.70 area! It can explode higher toward $3.75.
VSAR ---> Extremely oversold, this setup looks found some stability on $1.78 area! With MACD rising strongly, we may have here a strong candidate for a Bounce! I´ll be watching very closely for a possible test to its 20 Moving Average.
ITUS ---> Alerted for this setup earlier on Friday on social netowrks! The price close on Thursday colliding between its 50 Moving Average and its 200 Moving Average, and a break above the last one, will put the price pointed to higher! And so it happened. Shares rose more than 10% during the regular trade session on strong volume going to test its 20 Moving Average! I´m long and strong here to see this break! If it happen on volume, ITUS will certainly spike higher.
CommVault Systems Inc.
CVLT ---> It is a great Bottom Bounce! And it is ready to move up! Trading under strong Money Flow and Accumulation, its shares rose on Friday about 2.50% on regular trade session with high volume!! Also, technical indicators are starting to curling up, showing that buyers are coming back. 200 Moving Average could be the next target.
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