Stocks for analyse over the weekend !!!
Chart courtesy of stockchartsThe technical chart above show that the stock OVTI is ready for a possible rally if breakout key resistance level ($15.50) with big volume, also the overall technical picture show that the stock still in Bull market trading above 50 day and 200 day moving average. The 13 dma line just crossover 200 dma.
Chart courtesy of stockchartsRF Micro Device shares are actually recovering some of March loses, however 6.60$ is the major resistance to break. Today RFMD make a test but fail let's see next week. Keep an eye on RFMD next week !!!!
Nordson shares were up yesterday 13% or 6.16$ to 53.53$ after after second-quarter earnings announced Thursday beat analysts estimates. Company reported an income of $21 million, or 61 cents a share, down from $21.9 million, or 64 cents a share, in the year-ago quarter. In the daily chart we can confirm that NDSN breakout an important resistance mentioned by the blue line. My target for stock in now 57$ on the long side.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's All. Have a great weekend !!!
AC
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's All. Have a great weekend !!!
AC
