Trade Ideas for today - CROX , PCLN , JDSU
CROX is one of the better looking bullish charts that I am seeing. MACD K line also is on top of D line and RSI continues in Bullish territory, so Bulls for now don't need to be worried, stock may find some support at 20 dma.
Chart courtesy of stockchartsPCLN is in a strong BULL Market. Looking at the chart above stock broke out today an important resistance at $79.73 and reaching also a new 52 week year high at $82.15. Let's see if stock will sustain tomorrow this movement. Keep PCLN in your watchlist.
JDSU has a chart that is looking bearish to me, stock failed to move up after earnings report and shares were down 5% with strong vomule, closing near the lowest level of the day at $13.64. If stock break down $13.50, it can quickly drop to $13 and retest again the lowest level of the year at $12.41.
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 example.
That's All. Have a great evening !!!
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 example.
That's All. Have a great evening !!!
AC
