Stocks to watch on Friday - GRMN, LDK, AU
Chart courtesy of stockchartsAU - The stock broke out on above average volume surge. RSI still showing strength but is now near to hit overbought conditions, however this does not mean that the stock can not continue its upward movement. With today's breakout we may probably see more buyers coming.
Chart courtesy of stockchartsLDK - Currently the stock is finding some resistance to break above $45. On the chart above , MACD shows weak sign as it is still below 0, but RSI is now neutral. One of the positive sign is KD which shows the stock may be on a bounce back rally, because K line is on top over D line.
GRMN - Looking at the daily chart, it shows weak sign as the stock is below both 50 day and 200 day moving average with MACD well below 0. However, according to the chart, KD shows possible rally as K line is on top over D line. Wait for a breakout above the resistance line at $80 to enter long again.
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
