( click to enlarge )XG Technology Inc (NASDAQ:XGTI) The Technical chart above shows a stock that is right on the cusp of a BIG BREAKOUT. On the daily chart this one looks great. A breakout over 2.20 on heavy volume is a strong buy, targetting first resistance at 2.81. The MACD oscillator is above zero and above its trigger, showing strength for the price to continue its upward path. Additionally, the accumulation/distrubtion indicator shows a sharp break to the upside that means Market Makers are snapping up shares. All technical signs are pointing to a nice rally from here.
( click to enlarge )Comcast Corporation (NASDAQ:CMCSA) The stock price has been holding in a tight range and looks poised for a break to the upside. Go long over 54.65.
( click to enlarge )Inovio Pharmaceuticals Inc (NYSEMKT:INO) Looks like building a base for the next up move. I would look for a move up to $3 resistance in the coming days. The MACD is curling up and about to cross.
( click to enlarge )AuRico Gold Inc (NYSE:AUQ) Looks to have a bull flag pattern on it here after a couple of powerful days into it. Next buy point would be on the day the stock blows through $4.80 on heavy volume.
( click to enlarge )DexCom, Inc. (NASDAQ:DXCM) broke out of the pattern on heavy volume. The stock was a buy today, it looks real good here. Daily technical indicators are bullish. The MACD is above its signal line and both are moving up in positive territory. RSI and slow stochastic are both near their overbought zones. Long setup.
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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
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