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Watchlist for the week of March 25 - March 29

  • vedanup
  • Mar 24, 2014
  • 1 min read

ENZN: ENZN had unusually high volume at Friday close which took the price up by 16% to 1.26. It has earning on Monday, March 24. Technically it broke the 20dma on a weekly and will soon test the 50dma @ 1.89. which is a solid 50%. I bought ENZN @1.29

ETRM: Looks good for an entry @2.10. Can soon run up to 2.60. Tight stop at 2.02.

TPI: It looks like it is testing the 20dma quite frequently now. Should breakout to the previous high of 1.35. Currently @1.09

TAS: Keep an eye on TAS. Big volume spike which made it close right at the resistance of 1.80. It can consolidate a bit creating a bull flag which can gap it up big. It is clearly in an uptrend. Wait it to reach 1.68 which can be a good buying opportunity.

ZBB: ZBB had a wild run few weeks back and now it has gapped down all the way to its 200 day moving average at $2.34. This can be a nice price point for a jump up to $3.07

FCEL: Has been in a massive sell off because of the latest Seeking Alpha article. I think it will kepp going down to touch its 200 DMA at around $2. But it can move with PLUG and BLDP. This is a big play. Watchout for a nice swing trade. Currently at 2.57. This has tipped the 20 day MA and can touch the 50 day ma at 2.75.

ATEC: I still hold ATEC and expect it to move up to touch the 20dma @1.89 and then 50dma @1.97 and finally the 200dma @2.26


 
 
 

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