Stock Picks and Trade Ideas for Wednesday - CCC, CIEN, MOS
Chart courtesy of stockcharts ( click to enlarge )MOS - Stock rallied back to resistance on low volume and broke trendline support. A move to the August lows looks inevitable.
Chart courtesy of stockcharts ( click to enlarge )CIEN - Chart shows a positive divergence on MFI while price stock moves down. For a bullish trigger back into this stock, look for the price to break above $17.49 on above average volume.
CCC - Shares surged again to a new closing high ( 21.97 ), but finished the session far from the highs of the day, not a good sign for tomorrow. The volume was significantly higher compared with last two days. I expect a pullback in the next couple of days to the 5 day moving average (20.41), or 20.25 at the lowest; that is the previous resistance the stock successfully broke last week.
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
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
