Camelot Information Systems Inc (NYSE:CIS) surged 9.6% to $1.25 per share breaking out an important resistance with high-volume. Strong close above the 50-day MA for the first time since August. I tweeted the move. In the past few sessions, we have noticed that the stock has been on a bullish uptick in market valuation. Moreover, along with the market valuation the technical indicators MACD, MFI and RSI have been rising. So, keep watching CIS trade and watch for potential continuation of its recent upward move. Look for a quick run to $1.5 ( click to enlarge ) Facebook Inc (NASDAQ:FB) looks a long candidate. Extremely bullish moves on FB are taking place over the last session’s. Today, the stock jumped 5% with high-volume. MACD still giving buy signal and is currently above the zero line. This momentum could push this stock much higher from here, so keep it on the radar. The next major resistance is located around $35. Existing holders may remain invested with a stop loss at $27.59. ( click to enlarge ) GT Advanced Technologies Inc (NASDAQ:GTAT) is flagging above the 50-day SMA, on watch for a break of the flag. The MACD continues to rise bullishly and is quickly approaching the zero line. CMF still positive, so I believe the stock will break. ( click to enlarge ) Dynavax Technologies Corporation (NASDAQ:DVAX) had another productive day as we saw gains of over 7% and I believe it has more room to run. The short-term outlook remains positive for the stock. DVAX finds an immediate resistance at 3.48 and support at 3.21 followed by 3.05 ( click to enlarge ) Vringo, Inc. (NYSEAMEX:VRNG) should find resistance at its 20-day SMA ( resistance now becomes support ) before making the next move. If this support holds then it will advance again, but if support fails then the next level of support is at $2.83. Any fall below this level will ring my alarm bells and a break below $2.55 would signal a definite reversal. During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
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.