Trade Ideas for Tuesday - CNXT, NVDA, AAPL, GOOG
GOOG - Buy point will be when the price breaks $660 mark on heavy volume. I think it's a good entry point. The technical chart above shows weak sign, as the stock is trading below its 13 day and 50 day moving average and with MACD below 0. However KD shows possible rally as K line is on top over D line. So, stay tuned on GOOG for a possible breakout over $660.
I'd buy AAPL when it breaks the high at $182.11 on heavy volume.
Before we consider jumping back on NVDA even after today gains, the stock needs to break through the resistance level of $29 to really take a run for $30.
Conexant confirmed my previous analyses and is rebounding off it's lows. For the first time since October, stock ended the session with share price above its 13 dma, giving the first sign for Bulls come back again and for Shorts be worry and to cover some of its positions. It was the most bullish bar in over a month. Stay tuned on CNXT.
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: AAPL, CNXT, GOOG, NVDA
