HOT Stocks for Friday 12 Fev
( click to enlarge )THQI broke out and never stopped all day on Thursday. There is a good chance the stock will continue to move up. If the stock can break through $6.70, we should see it move up to $7,50. Looking at the technical daily chart the investor sentiment in stock showed by RSI continues strong and MACD still going up. THQI still trading in a strong Bull Market with share price above 20 dma, 50 dma and 200 daily moving average. Although RSI is showing overbought conditions, it is not yet the time to leave as the stock may continue to go up. Technically speaking the stock is painting a “Bullish” picture. The share price is likely to move to the target zone of the 7,25-7,5 range. For the long term the stock should still continue to go up.
( click to enlarge )The stock made a nice move on Thursday and looks ready to continue on Friday. OCNF was strong all day as it closed up $0.04. If the stock can break Thursday’s high of $0.81, we should see a continuation move. I will buy OCNF above those highs on this breakout move.
Other stocks to watch :
Speculative plays
SIRI - Sirius - Chart looks bullish. Keep an eye for a possible breakout over $0.90
DRYS - DryShips, Inc. - Watching for a close above $5.66
MOT- Motorola - Watching for a close above $6,82
CTIC - Cell Therapeutics, Inc. - Watching for a close above $0.8
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 !!! Good luck and good trading !!!
AC
Thank you for the update. It looks comprehensive enough.
Posted by
Lance Puig |
12:19 PM