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Category Archives: Technical Analysis

Kingold Jewelry, Inc. (KGJI) Video Chart for Monday, November 25, 2013

KGJI found some legs again on Thursday and Friday to climb off a support level at $1.58 and move back over the 50-day moving average. The chart has made a big move in the last couple months and may be … Continue reading

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MELA Sciences, Inc. (MELA) Video Chart for Friday, November 22, 2013

MELA has made a double bottom pattern with support at 65 cents. The last time the chart bounced off these levels, the move was 60 percent to a high of $1.04, putting it on watch for continued upward pressure again … Continue reading

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Coronado Biosciences, Inc. (CNDO) Video Chart for Wednesday, November 20, 2013

CNDO was plunged in October on bad drug trial news, but is holding a base at $1.25 now. Green closes on Monday and Tuesday have the “pincher play” chart looking to take on some bullish pressure, but it is critical … Continue reading

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EnteroMedics Inc. (ETRM) Video Chart for Friday, November 15, 2013

ETRM has been making higher highs and higher lows since forming a double bottom early in the year. The chart is holding over the 50-day moving average and inching higher each day as it tries to gain momentum to make … Continue reading

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James River Coal Co. (JRCC) Video Chart for Wednesday, November 6, 2013

JRCC is making a slow and steady climb from a low of $1.46 in April, even amid tough market sentiment towards the coal industry. Support is established at $1.90 and technical traders should be on the lookout for a break … Continue reading

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Nuverra Environmental Solutions, Inc. (NES) Video Chart for Friday, November 1, 2013

NES is making a move off a strong bottom support at $2.20. The last move from that support stalled at a resistance point at $2.47, but this time the chart seems to have more strength in trend and momentum to … Continue reading

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Inovio Pharmaceuticals, Inc. (INO) Video Chart for Wednesday, October 23, 2013

INO is in a strong uptrend since April, rising about 300 percent in that time. A consolidation has been happening since August from highs of $3.03. The pps is holding just above the 50-day moving average and edging higher nearly … Continue reading

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Towerstream Corp. (TWER) Video Chart for Friday, October 18, 2013

TWER has been slowly making higher lows since April, while producing some large swings in between. Climbing since the start of September, the chart is back over the 200-day and 50-day moving averages, putting it on radar for a continued … Continue reading

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Seacoast Banking Corp. of Florida (SBCF) Video Chart for Monday, October 14, 2013

SBCF has been uptrending in 2013, but is in a position now where it is forming a double bottom on a support level at $2.00 after peaking at $2.46 in August. The support is a key level as the pps … Continue reading

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The First Marblehead Corp. (FMD) Video Chart for Wednesday, October 9, 2013

FMD is making a quick inverted head and shoulders pattern after collapsing in August. The pattern has established support at 77 cents (the shoulders) and resistance at 90 cents (the neckline) with more resistance at $1.00. To view the video … Continue reading

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