--Financial Tools ---Futures Market---ADD HERE LINK-- OPTION ALERTS --BENZINGA--

« Home | Statistics of AC Investor Blog over week 21 ( from... » | Who is making money with the recent rally on Crude... » | Stock Picks and Trade Ideas for Friday - POT ,MOS,... » | Stock Picks and Trade Ideas for Thursday - BIDU, C... » | Stock Picks and Trade Ideas for Wednesday - ILMN, ... » | Stock Picks and Trade Ideas for Tuesday - PWAV, CO... » | Stock Picks and Trade Ideas for the week ahead - Q... » | Statistics of AC Investor Blog over week 20 ( from... » | Stock Picks and Trade Ideas for Friday - RFMD, JAV... » | Stock Picks and Trade Ideas for Thursday - RFMD, J... » 

Sunday, May 25, 2008 

Stock Picks and Trade Ideas for Next week - ISRG, ESLR, CSCO, RFMD, AMD , PFE

Chart courtesy of stockcharts ( click to enlarge )

PFE - This stock looks bullish via the Bullish falling wedge. However, a buy signal has not yet been generated for Pfizer, which will not occur until it breaks out of the falling wedge pattern. I would not go long this stock before it gives a true buy signal because it still has room to fall to the bottom of the wedge. The entry strategy is to buy this stock for a long-term trade once it finally breaks out of the falling wedge pattern. Let's keep an eye on her.

Chart courtesy of stockcharts ( click to enlarge )

AMD found pretty good support on the rising 20 sma, however MACD is looking bearish as the fast line has crossed below the slow line on a daily chart, indicating a sell.

Chart courtesy of stockcharts ( click to enlarge )

It's looking like a bullish flag or pennant is developing on RFMD. That bullish flag may be the precursor for another big upswing to $4.28 .Keep an eye on the volume. If the volume keeps dropping or continues to be very light, this shows consolidation and could signal another big move up. Let's keep an eye on her.

Chart courtesy of stockcharts ( click to enlarge )

CSCO is a stock that looks weak here. Watch to see if it fails at the 50-day moving average.

Chart courtesy of stockcharts ( click to enlarge )

ESLR - The bulls have no reason to be alarmed yet. In fact, they may have a reason to celebrate, the stock closed the week above its 200-day moving average, a strong Bullish signal for next week. As such, I remain bullish here. Only a break under that support line would convince me to be bearish, but the latest news was really good to believe in a bright future for Evergreen.

Chart courtesy of stockcharts ( click to enlarge )

ISRG - Intuitive Surgical was added to the S&P 500. The stock looks like it is holding support. On tuesday 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 examples.

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

AC

Labels: , , , , ,

Bookmark and Share

Contact

About Me

    Photobucket
  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 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.

  • Benzinga.com supporter

    Stockal supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    RECOMMENDED



    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google