Hot stocks - Allscripts-Misys Healthcare Solutions and Hewlett-Packard Company
Chart courtesy of www.stockcharts.com ( click to enlarge )MDRX broke out to a new all-time high today, accompained by a strong volume suggesting higher levels. The consolidation and compression that has been going on in the last four weeks is very healthy. The technical chart still showing a bullish bias. KD line shows positive signs as K line is rising on top over D line and RSI continue moving up. I suspect the stock may continue to appreciate over the coming days.
Chart courtesy of www.stockcharts.com ( click to enlarge )HPQ remains one of the hottest stocks on the market. The stock has been in a nice uptrend for the last two weeks and it looks very strong with both 50 day and 200 day moving average going up while K line is on top of D line. HPQ is now on the overbought level, so this means a possible correction is near. This may give us a chance to jump in on the stock when it moves lower. HPQ is a stock to keep an eye on for awhile.
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
