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

« Home | Trade Ideas for Thursday - Oracle and Exxon Mobil... » | Trade Ideas for Wednesday - Aaple , Ciena and Ramb... » | Hot stocks to watch tomorrow - Bank of America Cor... » | Stocks to watch next week - Aaron Rents, Parker Dr... » | Solar Stocks to watch on Thursday - Trina Solar, J... » | Hot stocks for tomorrow - Alcoa and Fidelity Natio... » | The worst might be coming to an end » | Inside the Ferrari Factory » | Hot stocks for tomorrow - Rambus and Aaple » | Solar stocks to watch next week : Sunpower , First... » 

Thursday, April 16, 2009 

Hot stocks for tomorrow - Google and Evergreen Solar

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

ESLR - For the short term, it is consolidating inside a symmetrical triangle with resistance at 2.37. Breakout point is 2.4. Target price is 3.15. MACD is currently bullish and RSI is just halfway from being overbought. Average volume is around 4M, a good breakout volume is around 6M shares. Sideways consolidation is actually good for the stock at this point as a breather from the recent upward move.

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

Google shares gained ground in after hours after reporting better than expected results. This could be a positive factor for the market tomorrow. The Mountain View, Calif.-based Internet giant said Thursday its first-quarter net income rose to $1.4 billion, or $4.49 a share, from $1.3 billion, or $4.12 a share in the same period a year earlier. Google said net revenue for the period ended in March came in at $4.07 billion. Excluding special items, Google said earnings for the quarter were $5.16 a share. Looking at the technical daily chart the stock broke out a recent resistance mark and todays move also broke its short term ascending triangle. I think its very possible we could see this move to 450 - 460 in the near term.

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 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

    Iceman Trading Academy Moderator

    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