Stocks to Watch next week - JASO, SWKS,LDK, GOOG, FSLR, BRCM
Chart courtesy of stockchartsBroadcom has a chart that is looking bullish to me. After a significant decline in share price, stock has found a nice support at $26, and today stock finally broke out one of the most important resistances in the short term at $28. So, from now on I'm Bullish till $32 area. I think the sentiment has changed in this stock. I plan on watching it for the next few sessions.
Chart courtesy of stockchartsFirst Solar shares have found a strong support on its 20 dma and looks like will test previous highs again.
Chart courtesy of stockcharts Google has broken the $700 mark and looks set to re-continue its upwards trend.
Chart courtesy of stockchartsLDK - Here is a chart of the move I missed this week. Stock has made a nice movement this week breaking the down trendline formed since highs in September. Chart suggests a continuation of the trend, next resistance is now at $51.
Chart courtesy of stockchartsSWKS finally had volume pour on Friday and it looks like it will clear this resistance soon. Keep an eye on Monday on SkyWorks for a possible breakout over $9.50.
JASO shares were up today more than 10% to $63.58 on a strong movement followed by an unsual volume that was 2x above average. The technical daily chart shows possibility of new rally, after the Stochastic and the MACD fast line have crossed above their slow lines indicating, a buy signal. Keep an eye on JASO next week.
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: BRCM, FSLR, GOOG, JASO, LDK, SWKS
