( click to enlarge )Under Armour Inc (NYSE:UA) surged in the final hour of trading and closed back over 38. The stock continues to show some strength in this market. The MACD is registering a bullish signal and the RSI is rising slowly but hasn’t reached the 50% level. The stock has the following important levels. Resistance at $39 and support at $37.40
( click to enlarge )First Solar, Inc. (NASDAQ:FSLR) is setting up for an interesting upside move. The stock hit a high of $39.09 today, but was not able to close above this level due to the market conditions. I expect to see a high volume move once the stock breaks through the key $39.42 resistance area, as traders are watching this stock closely. I believe that the stock could be gearing up to make a run out of this bull-flag formation.
( click to enlarge )I've been stating for days that the ProNAi Therapeutics Inc (NASDAQ:DNAI) is trying to bottom. The stock remains deeply undervalued based on fundamentals and has lots of upside potential IMHO. If it breaks the 1.93 level (downtrend line), the momentum could move stock up to the $2.8 area where the 100-day EMA is located. Plus, the upcoming presentation (Next Generation DDR Therapeutics - next week) combined with the positive divergences, may be the perfect catalyst needed to spark a short-squeeze buying explosion here. Lets keep an eye on it. Stop 1.76
( click to enlarge )Sunworks Inc (NASDAQ:SUNW) Despite the bearish market action, the stock performed well. $2.99 is the next resistance level that if broken, could send shares back to retest the $3.36 level. I'm Bullish on SUNW.
( click to enlarge )Ocular Therapeutix Inc (NASDAQ:OCUL) shows signs of reversal of trend with its recent advancement, however only a strong close above 8.24 would indicate that the stock is ready to move higher. Keep an eye on stock.
( click to enlarge )Computer Sciences Corporation (NYSE:CSC) Setting up a possible resistance breakout trade. Long over 53.46
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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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