Hot Stocks to watch on 26 July 2012
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Shares of AOL, Inc. (NYSE:AOL) surged 7.2% to $29.48 per share breaking out an important resistance with heavy volume. We should be able to see some decent upside movement for the bulls here. Technically, the
stock still in a very strong bull market with MACD on top of signal
line and 50-day moving average on top of 200-day moving average. Wednesday’s high of $29.60 is resistance for the next upside move.
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Western Digital Corp. (NASDAQ:WDC) is trading higher after hours, as the
company released strong earnings. For tomorrow, the levels to watch on
upside will be at 34 and 37.
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Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) had a nice breakout today. If the stock can break today’s high of $105.32, we should see a strong follow through move. The stock will move very quickly, so keep a very close eye on the stock.
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Medivation, Inc.(NASDAQ:MDVN) B/O into all time highs on expanding
average volume. The short-term uptrend is intact and signals further
bullishness on this stock. Buy the stock in dips with stop-loss at
$88.75.
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The Gap Inc. (NYSE:GPS) made a 52-week high but gave back some
gains. If it can break above $29.59 tomorrow, then expect more
upside.The technical chart shows GPS is on a strong bull market as the
stock is trading above 50-day and 200-day moving averages.
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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.
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
Labels: ALXN, AOL, GPS, MDVN, WDC
