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Stocks to Watch for Aug 11, 2016

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Tobira Therapeutics Inc (NASDAQ:TBRA) Calling the bottom is always very difficult, but with the stock trading at extreme oversold conditions and momentum oscillators exhibiting positive divergences a strong bounce could be eminent, IMHO. In a note published today, H.C. Wainwright remains convinced that the company is undervalued and has reiterated the buy rating with a $31 price target. The analyst Arce thinks Centaur is a breakthrough in NASH. Started a position today.

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BlackBerry Ltd (NASDAQ:BBRY) showed buying strength all day. The stock is on the verge of breaking out and it could happen very soon. The volume dramatically increased as the stock ran to near the recent highs, showing us there are buyers watching the stock. If 7.92 is broken, we could see a move towards 8.20

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SAExploration Holdings, Inc. (NASDAQ:SAEX) appears to have run out of sellers at current levels. The near-term outlook appears positive. Hourly momentum oscillators have rolled bullish with MACD triggering a buy crossover and the daily RSI is trading at neutral levels. A close above $19 would confirm the positive outlook and could push the stock to the target zone of $22....Stop 15.98

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International Paper Co (NYSE:IP) Solid breakout with volume expansion. I'm looking for a continuation move on Thursday.

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Almaden Minerals Ltd. (NYSEMKT:AAU) Momentum play. Watching over $1.83

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ExOne Co (NASDAQ:XONE) had a very bullish move today breaking several resistance lines with large volume. Looks like we have a burst north coming. Go long on the break of Wednesday’s high at 13.43 or wait for a pullback to enter a more conservative approach.

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Nice spike up on strong volume. Could play Layne Christensen Company (NASDAQ:LAYN) here for a move above $9.30. MACD is positive and above the signal line. RSI is moving up and above its 50% level.

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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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AC
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