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My Watchlist for Wednesday, April 12

Tuesday, April 11, 2017 14:49
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(Before It's News)

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Shares of Qualstar Corporation (NASDAQ:QBAK) are starting to heat up again and are worth watching. My buy order got triggered today when the stock finally broke out of the falling wedge formation. This breakout was confirmed by a daily close above the EMA100, as well a sharp increase in volume. Plus, the accumulation line is also starting to curl upward which should eventually lead to price increases. Keep it on your watch list going forward, low float stock, can move quickly. Next major resistance lies at $6

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Ritter Pharmaceuticals Inc (NASDAQ:RTTR) Possible bottom play. I went long at 96c and 1.05 with a stop loss at 90c.

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New Gold Inc. (NYSEMKT:NGD) Nice breakout today on good volume. Go long on the break of Tuesday’s high at 3.25

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Broadwind Energy Inc. (NASDAQ:BWEN) broke out of a consolidation with good volumes. Keep on watch for higher prices.

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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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