Saturday 6 December 2014

Bio-Tech and Financial Counters Review

PRQR – ProQR Therapeutics BV


This stock breakout out away from resistance 18. Increase in the body, closing at the upper wick proved that this stock is very bullish at the moment. We should see it going higher in no time.


TMO - Thermofisher


This stock is accumulating at the upper side of the trend. There are absorption volume and this proves that there are buying at 127 level. If it happened to reach 127 again.. this is worth a consideration as this has high probability that it will break out soon.


C - Citigroup - This is rising 


We gave a buy signal when it is at 53-54 range. This stock is soaring yesterday. It break out with good volume and this indicate that we should see it going higher. Target price should be 60. we will monitor this. Remember Financial sector is now one of the leading sector and it is worth a look .


JPM - JP Morgan


JPM had also breakout with good volume. Island candle yesterday. We should see higher high coming in days to come. Target price should be 65.If volume comes in strong, 70 is reachable in short term. Watch!


BAC - Bank of America

 
BAC is the strongest of the three financial counters we reviewed. A full white body with that high volume indicated that all buyers are holding to the stock. We should see this stock moving high. 18-18.5 is the target price. We should see this in days to come.

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