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

« Home | Stock Picks and Trade Ideas for Thursday - PMCS, C... » | Stock Picks and Trade Ideas for Wednesday - ESLR, ... » | Trade Ideas for today session - FSLR, RFMD, AMZN » | Stock Picks and Trade Ideas for Next week - AAPL, ... » | Solar Parking » | Stock Picks and Trade Ideas for Thursday - CSIQ, E... » | Why the price of crude Oil is so high? Do you have... » | SOLAR stocks on fire !!! LDK, FSLR, CSIQ, ESLR » | Portable solar showers » | Stock Picks and Trade Ideas for Next week - GOOG, ... » 

Thursday, June 26, 2008 

Stock Picks and Trade Ideas for Friday - CSIQ, SIRI, YHOO, RIMM

Chart courtesy of stockcharts ( click to enlarge )

RIMM - Looking at the daily chart above, the stock broke out the upward channel today which may implement resistance at $120. The technical indicators MACD, RSI and KD all point to downward trend.

Chart courtesy of stockcharts ( click to enlarge )

YHOO - Consolidation? Volume reducing on the way down. On watch.

Chart courtesy of stockcharts ( click to enlarge )

SIRI - Not a pretty picture. In downtrend mode.

Chart courtesy of stockcharts ( click to enlarge )

CSIQ's chart looks very interesting here. After the big move up last week, the stock filled the gap from the previous high on much lower volume. Now, stock needs to sustain above $42.50 to make a move to its recent high of $51.80. Nevertheless, I would like to point out that the MACD fast line crossed below the MACD slow line and the macd histogram was decreasing for 5 days, this is not a good signal, so stay tuned on it.

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. See you tomorrow !!!

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