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 )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.
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.
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
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: AMD, CSCO, ESLR, ISRG, PFE, RFMD
