Trade Ideas for Tuesday - WYNN,YHOO,CIEN,BIDU
Chart courtesy of stockchartsWynn Resort broke out of a bull flag today. Today's volume was what you want to see when a stock breaks resistance. The technical chart shows the rally is back again as K line has just crossed on top over D line.
Chart courtesy of stockchartsBIDU broke out on Friday of a short consolidation phase. Volume was strong on signaling that this move should hold, today confirmed it. BIDU is now a stock in a Breakout mode again.
Chart courtesy of stockchartsYHOO - Profit taking in action, nothing more. YHOO had a nice volume increase today as they held support.
Chart looks Bullish now. CIEN broke out a nice base and MACD just crossed over. Time to test $50.
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
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: BIDU, CIEN, WYNN, YHOO
