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

« Home | Investors more confident about stocks » | Hot stocks for Friday - Canadian Solar, China Sune... » | Stocks to watch Thursday - Ciena , JOY Global and ... » | Hot stocks for Wednesday - Cree and Suntech Power ... » | Hot stocks for Tuesday - Ciena, Rambus and St. Jud... » | Stocks to keep a look out for next week - Noble Co... » | Solar energy will be 25% of world electricity by 2... » | Solar stocks to follow - Yingli Green Energy Hold... » | Solar stocks to watch - ReneSola Ltd. and JA Solar... » | Hot stocks for Wednesday - Rambus and Network Appl... » 

Saturday, June 06, 2009 

Stocks to watch next week - Ascent Solar Technologies, Yingli Green Energy Holding and JDS Uniphase

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

ASTI has resistance at $7.15, which was the high from Friday. The stock is trying to break through the major resistance at $6.98, and that may occur next week. If ASTI breaks through resistance, we should see a strong follow through move. Thechnically chart looks Bullish, with the 50 dma going up and MACD on top of 0. There is good upside potential in ASTI, so watch the stock closely on Monday.

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

YGE broke the resistance on Friday, but not the move I expected. The stock broke early the $15, but pulled back down to close up 0.14 on the day. I'm watching the stock again on Monday, and I'm buyer once it breaks through Friday’s high of $15.48. We need to watch YGE for a few more days because there is good upside if the buyers return or there is any positive news on the company.

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

JDSU - Wednesday, the stock broke out of the range that I thought would have happened on Monday. This move should be the start of a bigger move. Resistance for this continuation move is $6.35, Friday’s high of the day. If the stock can break through resistance, expect to see heavy buying drive the stock higher. There is good upside in this trade, so watch JDSU closely on Monday. Technically in a Bullish Mode.

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 !!!


Labels: , ,

Bookmark and Share


About Me

  • I'm a 44 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

    Iceman Trading Academy Moderator

    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