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Thursday, January 24, 2008 

Stocks to watch tomorrow : BUCY, GOOG, FSLR, CNXT,

Chart courtesy of stockcharts

CNXT Beats Street Estimates, stock surges in After-Hours Trading. I’m looking at a possible double bottom reversal on CNXT stock chart. I know that it is too early to say for certain but looking at the chart above is very likely. One positive note is that MACD is on top of 0 and K line is about to crossed on top over D line again. Let's keep an eye on her.

Chart courtesy of stockcharts

Looking at the daily chart, First Solar looks very good here, especially if market attempts a rally, a possible breakout over $180 is very likely. Wait for a close above this mark to enter long.

Chart courtesy of stockcharts

Today GOOG stock crossed the 200-day moving average to the upside, key level to watch tomorrow. One possible positive indicator that chart shows is KD where K line seems to be ready to rise above D line which could mean rebound. Keep an on Google tomorrow. Major resistance is now at $622.

Chart courtesy of stockcharts

BUCY shares have found a nice support around its 200 dma. The break of the white line area at $85 with heavy volume should be the next buy point on BUCY. Keep an eye on her.

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 example.

That's All. Have a great evening !!!

AC

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 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.

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