( click to enlarge )VIVUS, Inc. (NASDAQ:VVUS) is in a bullish flag above its rising EMA50 after a steep 2-month up move and I’m watching 14.8 as the breakout point. It looks bullish and the technicals look like it. The RSI and OBV are looking good. If the stock breaks out of the flag, it should run up to the next target at 17.2.
( click to enlarge )Shanda Games Limited (NASDAQ:GAME) is in a bullish flag, with possible share price acceleration above $4 resistance, with targets at around 4.20 and then 4.68
( click to enlarge )Gevo, Inc. (NASDAQ:GEVO) In a small bullish pennant with resistance at around 2.30. The buy signal is the upside break of the top trend line. So keep an eye on this one.
( click to enlarge )Rambus Inc. (NASDAQ:RMBS) has an interesting technical chart. After breaking hard in May, it formed a bull flag, broke out and is now in a pullback mode. Unless the level of 8.32 (EMA20) breaks on a closing basis, the price can retest the highs around 9.
( click to enlarge )Hudson City Bancorp, Inc. (NASDAQ:HCBK) is in a bullish ascending triangle pattern putting pressure on the 8.75 level. A move above this key level resistance could break the stock out to all-time highs.
( click to enlarge )Procera Networks Inc (NASDAQ:PKT) appears to be poised for a nice bounce off this bottom. It’s currently trading above its rising 50-day moving average. The Chaikin Money Flow positive may be an early sign of trend reversal. The company has been making headlines lately with some major announcements.
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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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