Stock Market Ideas for next week - Yahoo , JA Solar Holdings and Trinity Industries
Chart courtesy of www.stockcharts.com ( click to enlarge )TRN was very strong on Friday as the stock closed up $0.35 with a nice volume. The stock is back at the top of its range and could make a breakout move soon. Resistance is $16.03, which is the high of this range. I'm buyer of TRN once it breaks through this high on a close basis. Keep TRN on your screen throughout the day on Monday.
Chart courtesy of www.stockcharts.com ( click to enlarge )The short bullish momentum of YHOO continued today. The stock topped at$14.64 and closed at $14.50, up 0.22 cents (+1.54%) on volume of 17M. My model remains long, targeting 15.22 ( 50 dma ). Immediate support is seen at 14.24 area. CCI heading up towards -100 line on daily chart. YHOO can be a good trading stock, so watch it closely on Monday.
Chart courtesy of www.stockcharts.com ( click to enlarge )JASO has recovered nicely and can potentially set-up very well for a swing-trade if the stock breaks through the resistance level at $3.61. Technical indicators are becoming more favorable with MACD and Stochastics starting to turn up. There could be good upside in this trade, so watch JASO closely next week.
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 on Monday...
Cheers!
AC
That's all Folks. See you on Monday...
Cheers!
AC
Thank you AC for your tips!!!
Posted by
VF |
9:40 PM