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Dehaier Medical Systems Ltd (NASDAQ:DHRM) is it on your watch-lists yet ? The stock closed at $6.08 on Friday up 11% and it appears that the momentum is just beginning. Shares broke the downtrend line that had been in place since the middle of February on massive volume. Friday’s volume was the highest in the past six-months. It could be on the verge of making a stronger move upwards , just like we saw this week on China Finance Online Co. (NASDAQ:JRJC) and Friday it closed above what could be considered a major resistance point. DHRM has a 52-week high of $12.89. What’s the potential? If the stock goes back to $12.89 from here it’s a 100% gain. The company has good fundamentals and the chart has a near perfect technical set-up for a strong move up. With a high-short-interest and low-float situation, If I am right the Short Squeeze on Monday could be insane.

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Twitter Inc (NYSE:TWTR) yesterday broke out of a bullish flag chart pattern by breaking through resistance at $45.80 to close at 45.98. The indicators are bullish and support a further climb with a technical price target of $48.

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ParkerVision, Inc. (NASDAQ:PRKR) looks to have bottomed out and has begun to rally. PKRK is a stock that looks to have more upside going forward. Add it to your watchlist.

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Himax Technologies, Inc. (NASDAQ:HIMX) broke the bull flag consolidation pattern and closed above the EMA200 for the first since April. It’s time to be Bullish again on stock. From the chart, looks like the next major resistance is at $9.05.

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.
About Antonio Costa 324 Articles

Antonio Costa is a 35 year old part-time trader who trade stocks in the US market.

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