Stocks to watch next week - Motorola , Cell Therapeutics, LDK Solar Co. and Google
( click to enlarge )LDK has come down a bit here in recent days. It appears that the correction may be close to an end since it is approaching of its main support at $7.19. This may be a good spot to get in, with a stop under the recent lows if the timing is wrong. If the weakness continues and the stock breaks the support at $7.19, there will be a good chance that the stock will test the $6.68 support.
( click to enlarge )GOOG traded lower on Friday, but I want to watch the stock again on Monday. The stock is strong and getting stronger every day it seems. If it can close above $587.06, then expect more upside. If this happens, Google is a good play. The daily chart shows the stock is on a strong bull market as the stock is trading above 50 day and 200 day moving with both moving average pointing upwards. I think the stock should continue to go up.
( click to enlarge )CTIC - As long as the stock holds above the $1.055 support level the intermediate-term picture should remain positive. Fresh exposures may be considered on a move past $1.127, with a stop-loss at $1.05.
( click to enlarge )MOT - It looks like the buyers are finally aware of the buying opportunity at this level after the big drop occured early this month. The technical chart shows this is just the beginning of the rally as K line has just crossed on top over D line. MOT is extremely oversold at this point that the conditions are almost perfect for another large scale counter trend rally to develop, so don't be caught if you see this one begin. Stay tuned on MOT.
Other Stocks to watch - ( Pattern is Bullish Engulfing )
CSIQ - Canadian Solar Inc
VIV - Telesp Celular Part
CYTX - CYTORI THERAPEUTICS
SBAC - SBA Communications
ITG - INVESTMENT TECHNOLOGIES
NTT - NIPPON TELEPHONE
ERII - Energy Recovery Inc
FSYS - IMPCO Technologies
VPRT - Vistaprint Nv
ETY - Eaton Vance
OSIP - OSI Pharmaceuticals
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. See you on Monday !!! Have a nice weekend !!!!
AC
Other Stocks to watch - ( Pattern is Bullish Engulfing )
CSIQ - Canadian Solar Inc
VIV - Telesp Celular Part
CYTX - CYTORI THERAPEUTICS
SBAC - SBA Communications
ITG - INVESTMENT TECHNOLOGIES
NTT - NIPPON TELEPHONE
ERII - Energy Recovery Inc
FSYS - IMPCO Technologies
VPRT - Vistaprint Nv
ETY - Eaton Vance
OSIP - OSI Pharmaceuticals
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. See you on Monday !!! Have a nice weekend !!!!
AC
