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My Watchlist for Tuesday, July 11

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AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) continues to squeeze the shorts. My technical opinion remains intact. It should be played on the long side with tight stops. The trend is your friend, until it ends.

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Impax Laboratories Inc (NASDAQ:IPXL) could be in the early stages of a technical breakout. If the stock can break through 17.95 this week, I expect to see heavy volume drive the stock higher.

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Camber Energy Inc (NYSEMKT:CEI) After consolidating sideways the last few days with an upward bias, the stock broke out upwards today accompanied by a volume surge. Watch for continuation.

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SAExploration Holdings, Inc. (NASDAQ:SAEX) another low float energy play that could pop. This stock has seen a massive drop in share price and I am starting to see more evidences on daily charts, supporting the idea that a bounce here is becoming likely. With the momentum indicators showing positive divergences I think a push to $4 or better could be in the making. On watch.

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EnerJex Resources Inc (NYSEMKT:ENRJ) has been trading sideways for the last few weeks and is showing signs of bullishness on daily. The MACD had a positive crossover today and the RSI remains in buy mode that supports the positive momentum in the stock. Breakout watch over 34c.

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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
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