--Financial Tools ---Futures Market---ADD HERE LINK-- OPTION ALERTS --BENZINGA--

« Home | Solar power plane » | Top picks for Tuesday - JASO, AOB and HMSY » | New green fuel revolution » | Trade Ideas for Monday - YHOO, NVDA,AEM » | Google a box of surprises » | Photos of last week Red Bull Air Race in Oporto » | Top picks for Friday - CROX,AMZN,GRMN,ISIS » | Just amazing - Performing Arts Centre in United Ar... » | Top picks for Thursday - BIDU and YHOO » | Stocks in focus today » 

Wednesday, September 12, 2007 

Trade Ideas for Wednesday - GRMN , ARNA , SIRI , NOK

Chart courtesy of stockcharts

NOKIA - Looking at the daily chart the Bullish picture persists for now, overbought condtions, MACD Bullish, K line on top of D line, 50 dma and 200 dma going up. However according to the latest candle showed in the chart we may see some profit taking tomorrow, but I think only tomorrow, because this stock is really showing a strong investor confidence.

Chart courtesy of stockcharts

GRMN may be ready to breakout !!
Looking at the chart stock has had a nice run over the past few months and again stoped at the major resistance $108. I'll be Bullish in this stock if breakout this area.

Chart courtesy of stockcharts

ARNA have found support in its 20 dma after failed breakout. Bearish MACD crossover, so looks likle it will test its 200 dma support.

Chart courtesy of stockcharts

Shares of Sirius Satelite closed up nearly 5% to $3.31 breaking out major resistance of $3.28, and for the first time since the begin of the year above its 200 dma. I'm now Bullish on Sirius, resistance above is now at $3.56 and first support at $3.28.

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 nice evening !!!

AC

Labels: , , ,

Bookmark and Share

Contact

About Me

    Photobucket
  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

  • Benzinga.com supporter

    Stockal supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    RECOMMENDED



    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google