Stock Picks for March 24, 2017

Stock Watch:

  • 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