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

« Home | AC Investor Blog has a new record of visitors! » | Stocks to watch next week - Rambus, Dendreon Corpo... » | Most expensive cars in the world » | Hot stocks for Friday - Ciena, Rambus and LDK Sola... » | World blackout on March 28 (Saturday between 8:30p... » | Hot stocks for Thursday - American Italian Pasta, ... » | The richest men in the world 2009 » | Hot stocks for Wednesday - Quality Systems and Cli... » | Stocks to watch next week - Monro Muffler Brake, C... » | Solar Stocks to Watch on Friday - LDK Solar, China... » 

Tuesday, March 31, 2009 

Stocks to watch Tuesday - Yahoo, Powerwave Technologies and Rambus

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

YHOO - It looks like a small bearish rising wedge pattern broken on the Yahoo chart. The pattern seems to have had a downside breakout. The breakout volume in my opinion was not large enough. However, when a validated trendline gets broken, it tends to have some significance. The breakdown put a target of 11.75 in play.

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

PWAV - The stock broke the descending traingle on Friday and has moved decisively to the upside. That’s a powerful sign that high prices are likely to persist. Long positions may be considered on price weakness, with a stop-loss at 0.39.

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

RMBS - The stock is simply telling me that this is a nice healthy pullback after a big run. The trend should resume back up in the very near future. The technical chart is also showing declining volume but stock has a Bullish outlook. I could be wrong, but I did not find a reason for the drop in shares as it did. It was likely a consequence of the negative market environment.

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. See you later.

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