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My Watchlist for Tuesday, December 06

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Exxon Mobil Corporation (NYSE:XOM) Still on my swing long list. Setting nicely for a breakout.

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Dynavax Technologies Corporation (NASDAQ:DVAX) made a strong move to the upside, closing near the highs. The stock is setting up to break out and has one more level to go, which is $5.30. A considerable short covering rally could be seen.

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Lipocine Inc (NASDAQ:LPCN) may finallybe ready to break higher above the 3.90 resistance level after a strong close today. Looking at the chart, indicators are flashing bullish signals. The MACD indicator is slightly negative but is rising above its signal line, while RSI is also rising. Nearest resistance for the stock is at $3.90. If this level is crossed and the stock is able to sustain above this level, then it might go to $5.75.

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ProNAi Therapeutics Inc (NASDAQ:DNAI) displayed some impressive relative strength today on volume with a 8% gain. On the technical side, MACD and RSI all point to upward trend. The stock broke and closed above the EMA20 for the first time in weeks and should continue to move. DNAI has a lot of upside potential, so watch it closely on Tuesday.

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Sarepta Therapeutics Inc (NASDAQ:SRPT) bounced nicely off the EMA200 and the shares look like they have some momentum. In my opinion, further upside potential exists to about 37.27, but today's reversal could be a significant turn.

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CoLucid Pharmaceuticals Inc (NASDAQ:CLCD) Looking for a breakout here.

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Geospace Technologies Corporation (NASDAQ:GEOS) is still trading around the $20 level, which has been a strong resistance over the past several weeks. I plan to buy the stock if it can break the 22.54 resistance level. The trend is still up.

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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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AC
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