Trade Ideas for next week - AAPL, YHOO, RMBS, FSLR,ESRX,GOOG
Chart courtesy of stockchartsGOOG - Sometimes in strong trends like this one, these long black candles (mentioned in the chart) are buying opportunities. Keep an eye on GOOG next week for a possible breakout over $677.
Chart courtesy of stockchartsESRX chart is very interesting, stock is testing the lower trendline. No damage during this week, so keep an eye in ESRX on Monday.
First Solar is probably one of the best acting stocks in the momentum. She's extended but no one seems to care. So, I'll be watching her carefully for any possible opportunities. It looks like we’ll see new highs coming.
RMBS could break the down-trend line next week (at around $19.52) if markets cooperate, and run into new highs. Stock has formed golden cross earlier in November. One positive signal is KD where K line just crossed on top over D line again showing that a possible rally is about to begin, however wait for a confirmation. The major support for stock is $18 mark.
It looks like something is going to give soon in YHOO, up or down. Golden cross is near to be formed, pay particular attention to this factor, because it's a very Bullish signal.
AAPL shares were up on Friday more than 1.8% to $171.54. Stock has found an interesting support on its 50 dma. It looks like a short-term bottom on AAPL, so let's see if stock will have strength to break its 20 dma resistance next week at $176.02, to be able to make new highs.
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 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 nice weekend !!!
AC
Labels: AAPL, ESRX, FSLR, GOOG, RMBS, YHOO
