Stock Watch List For Friday, Aug 19
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Despite the general market's weakness, Sodastream International Limited (NASDAQ:SODA) made an impressive turnaround and rallied almost 2.37% to close the day at $39.72. Resistance for Friday’s move is $40.4, which reflects Thursday’s high of the day. If the stock can break through resistance, we will have a two-bar reversal, which is very bullish for an upside move. Keep a close eye on SODA for Friday.
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Netflix, Inc. (NASDAQ:NFLX) closed below its 200-day moving average for the first time since October 2008. The next level of interest to watch on the downside is recent support around $205.90.
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THQ Inc. (NASDAQ:THQI) - Technical chart is currently showing a positive divergence on MACD histogram to price. The volume is also decreasing, which means the trend is unlikely to continue and the decline in prices will slow down. This could be a precursor for a rebound in the stock. Keep THQI on your radar for Friday’s trading session.
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.
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AC
