-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Stocks Watchlist For Tuesday, February 28 » | Interesting setups that you should watch next week » | Stocks Picks for Friday, February 24 » | Five Bullish Setups I'm Watching » | Stock trading ideas for Wednesday February 22 » | Breakout Alerts - Stocks To Watch Next Week » | Stocks Picks for Friday, February 17 » | Stocks Picks for Thursday, February 16 » | Top Breakout Stocks for Your Watchlist » | Tuesday's Stocks to Watch » 

Tuesday, February 28, 2012 

Few trade ideas for Wednesday, February 29

 ( click to enlarge )

Pier 1 Imports, Inc. (NYSE:PIR) broke out of a short consolidation. Volume was strong on signaling that this move should hold. The technical chart above shows a continuation of the trend with MACD and RSI in the Bullish areas. The stock is in a strong bull market with both 50 day and 200 day moving average going up. I won't be surprise if PIR reachs new highs on Wednesday. Keep an eye on it.

 ( click to enlarge )

Coinstar, Inc.(NASDAQ:CSTR) recorded a new high in the last trading session. Short-term outlook for the stock is bullish. If in the next sessions new highs do not happen, I expect to see a decline due to the overbought conditions. On contrary, new fresh exposures on CSTR should be made only when the stock move aboves 62.72.

 ( click to enlarge )

Pacific Ethanol Inc (NASDAQ:PEIX) broke down its major support today and is heading toward the next support around $1.

 ( click to enlarge )

Clearwire Corporation (NASDAQ:CLWR) On watchlist no trigger yet. Long above the 200 sma.

  ( click to enlarge )

Reynolds American, Inc. (NYSE:RAI) The daily chart is showing a cup and handle formation. Breakout watch $42.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog  twitter and newsletter, so you can receive my trade ideas and stock news in real time. 

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.

Thanks for visiting AC Investor Blog.


Labels: , , , ,

Bookmark and Share


About Me

  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 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.

  • Benzinga.com supporter

    Benzinga.com supporter


      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal


      Interested in advertising on AC Investor Blog ? Click Here


    Site Information

    Stock Market Blogroll

    Friends BLOGROLL


Powered by Blogger
and Blogger Templates

Add to Google