Next week stock watchlist

AEZS Aeterna Zentaris Inc. this is a Canadian Pharmaceutical company looking to report its phase 3 clinical trial results anytime now. The price action on Friday indicates investors are guessing the results might come as early as Monday morning. I'm sure all of you remember how HGSI gaped up all the way from 2.50 to 12 because of their trial result, AEZS should do just the same if everything goes right. Plus this company got 5 other drugs in development and is holding tons of cash.

As you can see we got a nice upward channel going, AEZS closed on friday 2.62, gaining 21.8% next resistance will be at the 3 area. If pullback happens support will be around 2 dollars.

SKBI this china play is looking to pull higher, possible move back to 20+ area, just too much talk about this company, may have to be careful but right now things do look good, keep in mind its earning report comes out 8/15, and that should be better than the previous quarter.



Breaking out of that wedge should sent the price much higher, accumulation/distribution is still pointing up, MACD is slowly moving towards positive territory. We shall see how this one goes.

Some other tickers you should be aware of:
VITA, SRZ, CGA, KONG, RINO, CAEI