( click to enlarge )Nio Inc (NYSE: NIO) is getting ever so close to breaking out higher. This stock is starting to gain interest and could see a rapid ascent as the accumulation by institutions continue. Technically, the hourly chart shows a bull flag formation with the stock price on the verge of a breakout.
( click to enlarge )Vaxart Inc (NASDAQ: VXRT) could be at the beginning stages of another big rally. One that could ultimately take this stock back over $5.4 and beyond. Hourly technical indicators are beginning to turn bullish. The MACD is rising above its signal line and the RSI has moved above its 50% level. A move above $3.92 (Friday's high) opens the door to $4.6. I'm Bullish at this point.
( click to enlarge )I have Seven Stars Cloud Group Inc (NASDAQ: SSC) on my watchlist. It may be ready to break out of this base. There are some signs that the stock is gaining some momentum in recent days. It is well oversold and a bull move is probable for the coming sessions. The technical daily chart shows some bullish divergences on MACD and RSI. Keep an eye on SSC and be prepared for this upcoming move.
( click to enlarge )Auris Medical Holding AG (NASDAQ: EARS) what a rally for this stock late in the day on Friday. You have to believe that this rally will resume in earnest at the open tomorrow.
( click to enlarge )GTx, Inc. (NASDAQ: GTXI) could we be looking at the next EARS type run? After being trading in a bearish tone for some time the stock appears to making a comeback in favor of the bulls. It has already started its bounce back up and looks poised to break resistance at $1.85. d I think the stock could see $2.1 or better in short-term.
( click to enlarge )CorMedix Inc. (NYSEAMERICAN: CRMD) has been one of the most impressive stocks over the last two weeks. From a short-term view, stock remains very overbought, but in my honest opinion and based on the volume, this appears to be a good overbought condition. As a result, any dip should be bought.
( click to enlarge )Canopy Growth Corp (NYSE: CGC) looks strong enough to move forward. The stock closed nicely above the major short-term EMA levels with solid volume. At this level, we should see the stock retest the next pivot point located at $50.99 followed by $55. The support level is adjusted to $47.5
( click to enlarge )Could Turtle Beach Corp (NASDAQ: HEAR) be on the verge of a breakout? The buy trigger is above Friday's high of 21.15. All major indicators are displaying bullish signals.
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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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AC
