March 23, 2017

Stock Picks for March 24, 2017

Stocks Picks:

  • GALT - ascending triangle could break out soon
  • DVAX - still waiting for a pennant breakout but could make a significant move soon
  • SBBP - waiting on a possible ascending triangle breakout
  • NMM - possible 2-year triple bottom, the price smoothly sailing above its 50-day SMA
  • IMGN - a possible pennant that could breakout soon
  • PTIE - could be setting for a pennant
  • DFFN - still waiting on the flag breakout


Recap from the previous stock picks:


  • GALT - testing the ascending triangle's resistance
  • DVAX - continued to consolidate with a couple of percent gain
  • SBBP - went lower hanging just above its 200-day SMA
  • DFFN - flag could still continue to consolidate as it failed to breakout today
  • VSR - broke out from its pennant 
  • TRPX - followed through with some more gains but did not close strong

March 22, 2017

Stock Picks for March 23, 2017

Stocks Picks
  • GALT - waiting on a possible ascending triangle breakout
  • DVAX - the pennant still seems intact and the immediate support is moved to 5.55 
  • SBBP - waiting on a possible ascending triangle breakout
  • DFFN - a possible flag forming and could breakout soon
  • VSR - a possible pennant in the hourly chart
  • TRPX - closed strong and could still follow through with more gains

Recap from the previous stock picks:

  • GALT - continued to consolidate to a possibly nicer looking ascending triangle
  • DVAX - continued to consolidate and also tested its immediate support
  • SBBP - continued to consolidate and waiting on the 5th wave of the possible ascending triangle

March 21, 2017

Stock Picks for March 22, 2017

Stocks Picks

  • GALT - waiting on a possible ascending triangle
  • DVAX - will continue to watch closely for the pennant
  • SBBP - waiting on a possible ascending triangle


Recap from the previous stock picks:
  • GALT - bounced of  2.20 resistance and could continue to consolidate sideways for a possible ascending triangle
  • SBBP - seems to have bounced from the 4.75 resistance, could possibly consolidate to an ascending triangle
  • DVAX - the pennant still seems intact as the 5.60 support holds
  • PTIE - broke out and closed with a 45% gain!
  • OCRX - broke down from from a possible bullish pennant
  • BIOS - broke down from a possible bullish pennant

March 20, 2017

Stock Picks for March 21, 2017

Stocks Picks

  • SBBP - broke out from a pennant last week and could further go up as long as it doesn't bounce off the 4.75 resistance
  • DVAX - as long as the 5.60 support holds, the pennant could likely breakout
  • GALT - could test the 2.21 resistance, waiting for the breakout
  • PTIE - still waiting on the flag to ripen, support at 0.65
  • OCRX - pennant is still intact, support is at 1.30
  • BIOS - pennant is still intact, support is at 1.85

Recap from the previous stock picks:
  • SBBP - continued to rise
  • BIOS - still consolidating within its pennant 
  • GALT - holding at the current highs
  • PTIE - still consolidating within its flag
  • OCRX - still consolidating within its pennant 

March 19, 2017

Stock Picks for March 20, 2017


  • SBBP - could continue push higher especially if the 4.75 resistance gets taken out
  • BIOS - waiting on the pennant breakout
  • GALT - waiting for the break of the 2.21 resistance
  • PTIE - waiting for the flag to look smoother
  • OCRX - watching out for a possible pennant


Recap from the previous stock picks:
  • SBBP - broke out from the pennant but found some resistance at 4.75
  • GALT - no follow through from the triangle breakout, but could still push higher
  • PTIE - has not broken out from the flag
  • BIOS - has not broken out from the pennant
  • DVAX - pennant is still intact but seems to be testing its support for a breakdown
  • CATB - its flag is not looking pretty

October 4, 2016

Continued Rise Seen in Datalink Corporation

The stocks of Datalink Corporation (DTLK), one of the largest data center solutions provider in the US, broke out from a 14-month cup and handle formation last August as for my technical analysis. Gauging the size of the mentioned chart pattern and added to the break out point, a target price of around $13.74 could be aimed for.

October 2, 2016

FIT (Fitbit Inc.) Enough?

After a downhill of almost a year for the stocks of Fitbit Inc. (FIT), known for making activity-tracking wearable devices, hit an all-time low of $11.65 last June. From there on, it just started moving sideways on which a trading range was established.

October 1, 2016

Spotting Some Action With GoPro Inc. (GPRO)

The stock price of GoPro, Inc. (GPRO), manufacturer of action cameras and developer of mobile apps and video editing software, made an all-time low of $8.62 last May. On a positive note, GPRO could be bottoming out given its current chart setup.