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Friday, September 17, 2010 

2 Stocks to Keep an Eye On - Expedia and Atmel Corporation

( click to enlarge )

Expedia, Inc. (NASDAQ:EXPE) is one of the hottest stocks of Nasdaq right now. The stock has been on a non-stop rally. On Thursday, EXPE hits a new 52-week high by climbing $1.03 cents or 3.86% to close at $27.69. Stock is again in breakout mode and the chart suggests a strong confidence in stock, no resistances above and RSI has space to move up more.

( click to enlarge )

Atmel Corporation (NASDAQ:ATML) shares closed the day on Thursday gaining more than 1.8% to a new 52-week high. The stock has been on one of the most amazing runs of this most recent rally. Looking at the daily chart the investor sentiment in ATML stock showed by RSI continues strong and MACD still going up. Stock still trading in a strong Bull Market with share price above 20, 50 and 200 daily moving averages. Following this technical chart it's predictable that today ATML will reach new highs again. Stay tuned !!!

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Good luck to all,

AC

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  • 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.

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