-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Solar stocks to watch next week : Sunpower , First... » | Bank Stocks to watch : J.P.Morgan Chase and Bank o... » | Stocks to watch Thursday - Elan Corp, Marvell Tech... » | The 5 Most Expensive Photographs ever sold » | Hot stocks for Wednesday - Watson Pharmaceuticals ... » | Stocks to watch Tuesday - Yahoo, Powerwave Technol... » | 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 Solar » 

Monday, April 06, 2009 

Hot stocks for tomorrow - Rambus and Aaple

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

AAPL showed some nice strength in the last two sessions and is now on the verge of the major resistance at $118.47 ( 200-day moving average ). The trend is clearly up, but getting overbought. Next buy point is when the stock makes a move above the resistance at $118.47 on a close basis. The daily chart of Aaple suggests a strong confidence in stock, a clear uptrend momentum. Keep an eye on AAPL this week.

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

RMBS - The technical daily chart is showing that the stock is trading in a tight range. The resistance point is 10.79. You can see from the chart that the overhead resistance has been hit twice before, but not penetrated. All oscillators are floating on neutral territory without a distinct price direction. Nevertheless, there is a very strong bullish cross forming on the daily Slow Stochastic which indicates a possible violent bullish move. The technical daily chart is supporting the bullish notion and it appears that the fresh bullish momentum is growing. Going long might be a preferable strategy this week. RMBS is definitively a stock that will make a move.

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 !!!!


Labels: ,

Bookmark and Share


About Me

  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 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

    Benzinga.com supporter


      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal


      Interested in advertising on AC Investor Blog ? Click Here


    Site Information

    Stock Market Blogroll

    Friends BLOGROLL


Powered by Blogger
and Blogger Templates

Add to Google