( click to enlarge )Currently, First Solar, Inc. (NASDAQ:FSLR) is flagging near resistance after attempting a breakout. With over 45% of the float being short ( 25 Million of shares ), a move above $28 could trigger a sharp move higher. From a technical standpoint the chart also indicates bullish sign as the 50-day moving average has crossed above 200-day moving average with OBV going up and MACD in positive territory.
( click to enlarge )Nice breakout on Sanmina Corp (NASDAQ:SANM) with strong volume. Momentum picking up with MACD climbing and Accum/Dist rising. Look for a quick run to $10.24 then on to $11.22
( click to enlarge )Stalking. I'd like to see Amarin Corporation plc (NASDAQ:AMRN) close over 13 before getting involved. The chart indicates bullish sign with RSI going up and MACD in positive territory.
( click to enlarge )Keeping my eye on NuPathe Inc (NASDAQ:PATH). Strong upside volume the last two sessions. Any close above 3.50 with volume may see the stock testing earlier highs of 3.86/4.1 levels
( click to enlarge )Centene Corp (NYSE:CNC) had a nice breakout today. If the stock can break today’s high of $45.72, we should see a strong follow through move.
( click to enlarge )Pandora Media Inc (NYSE:P) closed slightly under the 50-day moving average, a close above this level would be bullish. The technical chart continues to show a bullish bias. The MACD line is pointing up with RSI increasing and above the 50% level. The 50-day MA needs to be crossed to give rise to the next leg up. Only a close above this level would warrant liquidation of short positions.
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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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