Monday’s Hot List: Apple Inc. (AAPL), Morgan Stanley (MS), Amicus Therapeutics (FOLD), Neurometrix Inc. (NURO)

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Neurometrix Inc (NASDAQ:NURO) I got excited yesterday when I received a tweet from a follower informing me about a press release out of Japan that Omron will start selling the NeuroMetrix device. So, with the upside potential in revenues and earnings, I think this stock is ready to make a solid move upwards. From a technical standpoint, the stock has been holding a steady uptrend during the last two weeks with a firm support at $1.60. There is some resistance at $2.09, which if broken, could be a sign of the ticker getting ready for the next leg up towards the recent high of $3.15. The technical indicators are relatively neutral here, but easily could turn bullish if the move off the bottom support that began this month continues. With the expectation of higher volume in the near-term, NURO shares could be positioned for a breakout.

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Amicus Therapeutics, Inc. (NASDAQ:FOLD) is probably one of the best acting stocks in the momentum category. Stock has extended but no one seems to care. So, I’ll be watching it carefully for any possible opportunities.

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Morgan Stanley (NYSE:MS) seems to be getting ready to move. The stock price broke through its resistance on Friday session but failed to close above it, however this was the first signal that I was looking for since a while. So, keep an eye on Morgan Stanley shares for a possible breakout over $33.56.

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Apple Inc. (NASDAQ:AAPL) company shares were up on Friday nearly .8% to 118.77 reaching during the session a new 52 week high and all-time high at $101.47. The daily chart show a continuation of the trend with MACD and RSI in the bullish areas. The stock is in a strong bull market with both 50-day and 200-day exp moving average going up, however in overbought conditions. Indicators are all in favor of bulls.

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 325 Articles

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

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