Stocks to Watch for September 20, 2013
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Gulfport Energy Corporation (NASDAQ:GPOR) could break out again very soon. I will keep my eyes on it. Stay tuned.

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Navios Maritime Holdings Inc. (NYSE:NM) This pattern is looking quite good here for higher prices. The next buy/add point would be when it breaks over 7.56 on heavy volume.

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Arca Biopharma Inc (NASDAQ:ABIO) After over 3 months of remaining below its 50-day EMA, the stock could be in the early stages of a big rally. Today it moved higher, ending the day at $1.45 with strong volume. Next key resistance is now located at $1.60 (EMA100), a break above this level will confirm the bullish trend, and the following uptrend will take price up to $1.67 zone. The RSI is strong and headed up towards the 70 level, which is a sign of growing strength in the stock. Also, the MACD is giving a positive indication. Long setup.

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Medivation Inc (NASDAQ:MDVN) is in a nice up trend and could go again here. I would like to see a move above 61.46 on good volume before getting involved.

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Brocade Communications Systems, Inc. (NASDAQ:BRCD) Nice Breakout on heavy volume. Buyable on a pullback to the pivot. The technical chart shows a continuation of the trend with MACD and RSI in the Bullish areas. There is a good chance the stock will continue to move up.

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Frontline Ltd. (NYSE:FRO) This technical chart looks really bullish. I will be watching this stock closely tomorrow for a breakout above 3.17, as it has been consolidating after the July run up and a break could continue the uptrend.

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Vringo, Inc. (NASDAQ:VRNG) has held support at the 3.08 level and is displaying a screaming buy divergence on the upside. A close above 3.19 will impart bullishness and will help the stock move to the 3.35-3.4 area.

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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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