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Wednesday, March 28, 2012 

Long Stock Ideas for March 29 th

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I've alerted my readers about the potential upside movement in Zalicus Inc (NASDAQ:ZLCS) shares yesterday and today to all my twitter followers at $1.08. The stock has come up to my expectations as it was among the top gainers of Nasdaq and closed up 15.74 percent at $1.25 trading more than 8.7 Million shares, well above its average volume. These gains are really significant and represent substantial profit for not only my twitter followers and subscribers but also any other investors who took advantage of my alert early, before the market caught on. If you are on board there is nothing more to do but enjoy the ride ;-) ..... A quick look at the technical chart :

1) ZLCS is currently moving up with heavy volume
2) MACD lines are going up
3) RSI still above the neutral 50 level at 72, buyers strength still persists.
4) Money Flow-Index still climbing.
5) The +DI crossed up through the -DI this month - Bullish.
6) %K line has crossed on top over %D line
7) OBV still climbing.
8) The accumulation/distribution indicator shows the stock under strong accumulation

The strong accumulation over the past days has shown funds moving into the company and moved share prices upward. Keep watching the stock this week since anticipated increased volume tomorrow that could push shares much higher. Don't miss this opportunity research the stock now !
 
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Juniper Networks, Inc. (NYSE:JNPR) saw continued buying pressure today. I think current levels offer a great chance to play a rebound in shares. The stock closed today at $22.41 above the 50-day MA. From a technical standpoint, the stock has build a good support around $20.5 and $21 recently and do has the chance to go up. Any breakout above 200-day MA will be positive sign.

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Toll Brothers, Inc. (NYSE:TOL) had a strong move today, as the stock set new 52-week highs. The stock hit a high of $25.29, which is resistance for the follow through move. The medium term trend is bullish as the stock is above 50-day and 200-day moving averages with both moving averages going up. You should watch this stock closely on Thursday.

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PNC Financial Services (NYSE:PNC) broke out to a new all-time high today, accompained by a strong volume suggesting higher levels. The technical chart still showing a bullish bias. KD line shows positive signs as %K line is rising on top over %D line and RSI continue moving up. I suspect the stock may continue to appreciate over the coming days. Stay tuned !!

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8x8, Inc. (NASDAQ:EGHT) - The daily MACD is near to giving a new buy signal and the Histogram is near to zero line. The stock needs to take out resistance at the 4.05 area to continue higher. Keeping it on the list.

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.

AC

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  • 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.

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