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

« Home | Stock Market Ideas for Tuesday - Yahoo and Qwest » | Stock Market Ideas for next week - JDS Uniphase an... » | Hot stocks for Friday - American International Gro... » | Stock Market Ideas for Thursday - Tessera Technolo... » | Stock Market Ideas for Wednesday - Teck Resources ... » | Stock Market Ideas for Tuesday - Rambus , China-Bi... » | Hot stocks for next week - Rambus , Palm and CBS C... » | HOT Breakout Stocks to watch : Dell and Ciena » | New Nissan Leaf » | Trade Ideas for Thursday - Nvidia and Ciena » 

Tuesday, August 25, 2009 

Stock Market Ideas for Wednesday - Knight Capital Group Inc. and Microsoft Corporation

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

NITE has a Bullish looking stock chart, price broke out from the horizontal resistance mark around $19.34/share Thursday on heavy volume. The stock made a new 52-week high again today, but was not able to close near this high. However, I'm buyer of NITE once it breaks Tuesday’s high of $20.78 for the follow through move. Technically, the stock is in a Breakout mode. Long-term investors may hold with a stop at 19.34.

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

Shares of Microsoft are in a good short-term uptrend. The price has bounced off the low of 22.90 touched in the middle of August. The price can easily head towards the $25 zone. If this zone is surpassed, getting to $25.58 would be a possibility. The technical daily chart shows the stock is in a bullish trend as MACD is high above signal line and K line is also on top over D line. Keep watching MSFT and you should get a good trading opportunity soon.

Other Stocks to Watch :

Hatteras Financial Corp. - HTS ( Price Breakout )
Old Dominion Freight Line - ODFL ( Price Breakout )
Bristol Myers Squibb Co. - BMY ( Bullish Engulfing )
Walgreen Company - WAG ( Bullish Engulfing )
Kimco Realty Corporation - KIM ( Bullish Engulfing )
Cenveo Inc. - CVO ( Recent Insider Buying )
Zygo Corp. - ZIGO ( Recent Insider Buying )
Flowers Foods, Inc.- FLO ( Recent Insider Buying )
Tesco Corporation - TESO ( Recent Insider Buying )
Washington Banking Co. - WBCO ( Recent Insider Buying )
Acme Packet, Inc. - APKT ( Recent Insider Selling )
Virtusa Corp - VRTU ( Recent Insider Selling )
Digi International Inc. - DGII ( Recent Insider Selling )
Hewlett-Packard Company - HPQ ( Recent Insider Selling )
Xilinx Inc. - XLNX ( Recent Insider Selling )

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...
Cheers!

AC

Labels: ,

Bookmark and Share

Contact

About Me

    Photobucket
  • 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



    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

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google