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

« Home | No light at the end of the tunnel » | Stock Picks and Trade Ideas for Friday - CIEN, A, ... » | The engine of the European economy is breaking do... » | Stock Picks and Trade Ideas for Thursday - AAPL, R... » | The strange case of the disappearance of the pick-... » | Stock Picks and Trade Ideas for Wednesday - Amazon... » | Another Financial crisis in the banking sector is ... » | Server problems » | Stock Picks and Trade Ideas for Tuesday - Resmed a... » | Stocks to watch next week - WYNN, NVDA, JAVA » 

Saturday, February 28, 2009 

Stocks to watch next week - KNSY, BAX, APSG

Chart courtesy of www.stockcharts.com ( click to enlarge )

APSG recorded a new high in the last trading session. Short-term outlook for the stock is bullish. Buy the stock in dips with a stop-loss at 18. The technical daily chart looks Bullish with both 20, 50 and 200 daily moving averages going up and MACD on top of 0, RSI in a Bullish area too. I'll be watching her carefully for any possible opportunities.

Chart courtesy of www.stockcharts.com ( click to enlarge )

BAX - Trendline support has been broken this week on the daily chart at $57 with the next target at $48. An aggressive trader may want to short BAX here. Technically, the stock is in a Bearish mode with MACD below signal line and the price below both 50 and 200 day moving averages. The stock has a key support level at $48.84. Buy only when the stock reverses from this support.

Chart courtesy of www.stockcharts.com ( click to enlarge )

KNSY - It looks like the buyers are finally aware of the buying opportunity at this level after the big drop occured on Thursday. On the daily chart we have an ascending channel indicating a short term bullish momentum.I note that the daily momentum indicator is displaying bearish divergence, which portends weakening in the bullish momentum. Immediate support is seen at 18.55. Initial resistance at 19.22.

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 Folks. Have a nice 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