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Apple Inc. (NASDAQ:AAPL) are trading higher in the after-hours after
reported net income above Wall Street’s expectations for the second
quarter. Currently, shares are higher by 7%, trading at $600, they ended
the regular session lower by 2%, at $560.28. Following the investors
reaction in the extended trading we should see a gap up tomorrow
morning. It will be important an interesting also, see if stock will
have legs to close above $600. A breakout above this level would
constitute a technical entry for the short term trader looking for a
quick trade.
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Kimberly Clark Corp (NYSE:KMB) broke out to new highs today on 2x the
daily average volume. The stock has been on fire since late February. It
is hard to predict how far the momentum will take the stock. I'm using
today’s high of $78.73 as resistance for Wednesday. A break above that
area could trigger further bullish momentum and keep the bullish
scenario intact. The outlook for KMB stays robust until it stays above
$75. Fresh buys can be initiated with a stop at $74.8 ( 20 dma ).
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InterDigital, Inc. (NASDAQ:IDCC) finally rebounded on heavy volume
after some rumors saying that company is exploring patent sale again.
InterDigital, owns more than 8.600 patents and has an additional 10.000
on application. The patents cover a broad variety of wireless and wire
line communication, including 2G, 3G, 4G, and LTE, as well as IEEE 802.
The April $32 and $35 call options have been active. You want to keep
IDCC on your screen for Wednesday’s trading.
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Banner Corporation (NASDAQ:BANR) had a great move on the upside today
and closed at $22.44. The stock is setting up to break out and has one
more level to go, which is $22.97.
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Tellabs, Inc. (NASDAQ:TLAB) - Looks like the Bulls are going to win this
fight. Just one more push to change the trend. Technically, the stock
is in a short-term Bull Market with share price above 5, 20 and 50 daily
moving averages. Short-term investors can buy with a stop at $3.84 and
long-term investors can hold with a stop at $3.73. Let's keep an eye on
her as i think momentum will pick up. TLAB is a well capitalized
company, with $3.20 in cash per share. I love the risk/reward so long as
it holds above the $3.73 area and expect to see another upside move
very soon.
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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
Labels: AAPL, BANR, IDCC, KMB, TLAB