My Watchlist for Thursday, Aug 03

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Intrepid Potash, Inc. (NYSE:IPI) Finally made a decision today and broke resistance to the upside. The stock looks good for higher prices but the RSI on the daily chart is now overbought, so i will wait for a small pullback to pivot to enter.

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CytRx Corporation (NASDAQ:CYTR) Typical pullback after a great run. Im accumulating for next rally that should break the top of this range. Looking at the accumulation/distribution chart we can see that the stock has been under accumulation for the last several weeks. Bias remains to the upside. The recent price volume and buying action, seems to support this view.

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Agios Pharmaceuticals Inc (NASDAQ:AGIO) had a nice break out today and rose over 5%. If the stock can sustain this strong momentum $65 is not out of the question. Keep it on your radar over the coming days.

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Black Diamond Inc (NASDAQ:BDE) Keep a close eye on this one, looks ready to break this resistance to the upside.

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InspireMD Inc (NYSEMKT:NSPR) This one is reaching a decision point. Watching for 50c breakout. All major indicators are in favor of an upward price movement. MACD has generated a new buy signal and the Relative Strength Index (RSI) is rising again. This momentum could push this stock much higher from here. Keep the stock on your radar for Thursday’s trading day.

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Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) may be ready to break out of this consolidation. The daily technical chart looks very good. Breakout watch over 86.92

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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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