Stock Picks and Trade Ideas for Friday - JDSU, FSLR, MA, LDK, CLMT
Chart courtesy of stockcharts ( click to enlarge )CLMT is starting to show signs of accumulation with high upside days and low downside days, watch $16 for a breakout. Inside trading is very active.
Chart courtesy of stockcharts ( click to enlarge )LDK has soared in recent months. The stock is pulling back to the breakout area. Watch to see how it reacts to the ascending wedge. The %K line cross below the %D line, a bearish signal in short term.
FSLR - The stock broke support at $261.12 and broke below its 50-day moving average. Next support is at $236.57.
JDSU has been consolidating and looks like it wants to test resistance at $12.10.
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 great day !!!
AC
Labels: CLMT, FSLR, JDSU, LDK, MA
