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Category Archives: Technical Analysis

PharmAthene, Inc. (PIP) Video Chart for Wednesday, June 20, 2012

PIP has pulled back from a high-volume spike and has consolidated on average volume in the 1.50-1.65 range. The indicators suggest a bullish reversal is possible with any increase in buying pressure, so keep an eye on RSI and SlowSTO … Continue reading →

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Cardium Therapeutics, Inc. (CXM) Technical Analysis for Friday, June 15, 2012

CXM has been channeling sideways between 23 and 25 cents for nearly a month which has the bollinger bands tightening and the moving averages converging. A move on Thursday put the pps just over the top of the channel on … Continue reading →

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Opko Health, Inc. (OPK) Technical Analysis for Monday, June 11, 2012

OPK pushed back above the 50 dma and is now testing not only the 200 dma, but also approaching a multi-month downtrend line. A break of those two points could signal an overall bullish trend beginning for the chart with … Continue reading →

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Savient Pharmaceuticals, Inc. (SVNT) Technical Analysis for Wednesday, June 6, 2012

SVNT has a nice look for a classic bottom/bounce play. A deep PPO/ADX pinch is in position and the MACD just dropped a bullish cross, which could be signaling that the chart is ready for a technical correction after a … Continue reading →

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Alcatel-Lucent, S.A. (ALU) Technical Analysis for Friday, June 1, 2012

ALU has solid support at $1.40. After a nice move to $1.71, the chart is pulling back and finding some support at $1.50, which will be a point that technical traders will look to hold for a new higher low … Continue reading →

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Uranium Energy Corp. (UEC) Technical Analysis for Monday, May 21, 2012

A look at the 3-year weekly chart for UEC shows a solid support level around $2. The upside to resistance is substantial should the support hold. Some secondary resistance is at $2.70 and primary resistance not coming into play until … Continue reading →

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Christopher & Banks Corp. (CBK) Technical Analysis for Wednesday, May 16, 2012

CBK has bucked the overall market trend with four straight green closes coming off a bottom support at $1.55. Some resistance comes in at $1.75, but significant resistance doesn’t show up until $2.00, which will have technical traders on alert … Continue reading →

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Equal Energy Ltd. (EQU) Technical Analysis for Friday, May 11, 2012

EQU has made a nice move off the bottom and retraced mildly after the climb. Technical traders will be looking for a new support level to hold as the pps looks to break through resistance at $3.40 with the next … Continue reading →

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Good Times Restaurants, Inc. (GTIM) Technical Analysis for Monday, May 7, 2012

GTIM is forming a flag pattern after a large move from around $1 to touch $5.98. Shares have retraced to $3, which fills an open gap from the sharp climb. Technical traders will now be looking for support levels to … Continue reading →

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Lightwave Logic, Inc. (LWLG) Technical Analysis for Wednesday, May 2, 2012

LWLG is holding a nice support level just over the $1 mark. Buying pressure came in on Tuesday, taking the stock 15 percent higher off the support and turning the indicators close to bullish positions. The bottom support must hold … Continue reading →

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