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

« Home | Stock Market Ideas for Thursday - Alcoa and Bank o... » | Hot casinos stocks - Melco Crown Entertainment Ltd... » | Stock Market Ideas for Tuesday - Citigroup and Cur... » | Hot Stocks to Watch next week - American Oriental ... » | Stock Market Ideas for Friday - Melco Crown Entert... » | US hot stocks for tomorrow - EarthLink, Inc. and J... » | Stock Market Ideas for Wednesday - JDS Uniphase Co... » | Hot stocks for Tuesday - General Electric Company ... » | US stocks to watch next week : Yahoo , Rambus and ... » | Stock Market Ideas for Friday - Juniper Networks a... » 

Thursday, September 24, 2009 

Stock Market Ideas for Friday - Microsoft Corporation and Toll Brothers Inc

( click to enlarge )

TOL - The stock broke down its major support on increased volume today indicating a strong downmove in the coming days. Only the break of the prior support now resistance confirmed by a daily closing will support higher levels. Keep watching the stock for a major downmove if it breaks the next support at $19.42 on a close basis.

( click to enlarge )

MSFT - The technical daily chart show a continuation of the uptrend with MACD and RSI in the Bullish areas. However, both stochastic and RSI indicator is reaching the top end which indicates that the stock may be reaching overbought condition soon. For the long term the stock should still continue to go up. Resistance : $26.59 Support : $25.56

Other Stocks to Watch :

Today's candlestick pattern was a Bullish Engulfing

BKE - Buckle Inc
ASUR - Forgent Networks Inc
SABA - Saba Software, Inc.
PAS - PEPSI AMERICAS INC
CBBO - Columbia Bancorp
AMTY - Amerityre Corporation
ECOL - American Ecology Corp
NFBK - Northfield Bancorp Inc

Today's candlestick pattern was a Bearish Engulfing

RIMM - Research in Motion
YHOO - Yahoo! Inc
DELL - Dell Inc
AAPL - Apple Inc
LOW - LOWES COMPANIES INC
ZION - Zions Bancorporation
ALTR - Altera Corporation
MYL - Mylan Inc
INTU - Intuit Inc.
CY - CYPRESS SEMICONDUCTOR
NOVL - Novell, Inc.
VRSN - VeriSign, Inc.
XRX - XEROX CORP
AMKR - Amkor Technology, Inc.
GME - GAMESTOP CP
WDC - WESTERN DIGITAL CORP
ABAT - Buy It Cheap.com Inc
LXK - Lexmark International
VCLK - ValueClick, Inc.
HNZ - HEINZ H J CO

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 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