Stocks for Friday - INTC, MRVL,VIP,NVDA
Chart courtesy of stockchartsNVDA - Nice move today on heavy volume. Although the moving average still shows weakness as 50 day moving average is below 200 day moving average, positive momentum seems to be back.One possible positive indicator is KD where K line crossover D line which mean rebound.
Chart courtesy of stockchartsVIP - The stock has been trading in a downward pattern since mid February, and there is still no clear indication of a reversal from the downward ranging movement. Buy point is on the day it breaks the upper line on heavy volume.
Chart courtesy of stockchartsMRVL - Nice symmetrical triangle. Buy point is when the upper line is broken on heavy volume.
INTC - It actually had a break-out earlier this week. Stock is now sitting around its 50 day moving average. INTC could be a nice continuation long.
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
