( click to enlarge )VirnetX Holding Corporation (NYSEMKT:VHC) should see some heavy trading activity on Monday as investors interest continues to increase. The stock on Friday surged more than 9% or $1.37 to $16.02 per share, after it has been mentioned in the Apple/Motorola ruling. On the technical side, the A/D (accumulation/distribution) indicator is going up showing a positive swing, that usually means Market Makers are snapping up shares. Although the MACD indicator is still below "0" it also has been climbing upwards close to breaking above the center line. The strong upward jump, which broke over the expected resistance of 15.82 to 16 zone makes the outlook bullish for next week. On the upside any break over 17.20 should target the 200-day EMA resistance at 18.68. VHC has a high level of short interest ( over 42% of float is short or 17.8 Million of shares ) and that will add more fuel to the rally. A low float stock with a high short ratio (37.1), the possibility of a short squeeze in the near future is very real. Keep an eye on VHC.
( click to enlarge )Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) Keep an eye on this stock next week. On Friday, the Jan15 $20 calls saw some activity 8k open, suggesting someone is getting aggressive in the expectation of higher prices or knows something.
( click to enlarge )VIVUS, Inc. (NASDAQ:VVUS) good relative strength compared to the market. If the stock can break through $5.32 resistance, we should see another strong upside move. Any break of that resistance (20-day EMA) will come as an indication of a short-term bottoming. The next target would be 5.5 to 5.8 resistance zone. VVUS will move very quickly, so watch the stock closely next week.
( click to enlarge )Gigamon Inc (NYSE:GIMO) looks to have bottomed technically. The MACD has just flashed a buy signal, while RSI is also gaining strength. With a combination of good earnings, a strong BUY rating from Needham and a massive volume, i think we could see a bounce over the next few days.
( click to enlarge )HCA Holdings Inc (NYSE:HCA) broke out to new highs Friday and traded nearly 2x normal daily volume. The stock has the potential to make a big run next week.
( click to enlarge )Apple Inc. (NASDAQ:AAPL) recorded a five-month high 571.99 on Friday closing near the highs of the session. As long as the stock holds above the $560 support level the short-term picture should remain positive. At this stage, we can expect to see higher prices in the weeks to come. Another bullish indicator is the MACD which has made a cross over and bullish momentum has returned to the stock. A move to the $600 level appears likely.
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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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