More setups to keep an eye on this week
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Google Inc (NASDAQ:GOOG) is at a key resistance. If the stock moves
above 620 it could rise till 625-636. Keep a stop at 600 and go long.
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Zynga Inc (NASDAQ:ZNGA) - Yesterday afternoon I alerted my followers on twitter for a possible
strong rebound and the stock did not disappoint us today, closing the
day with a gain of 6%. From a technically perspective it is quite likely that the stock may
have put in a short term bottom here. Good upside volume coming into
this stock over the last two sessions. Important to see how this acts
over the next few days. Closed above the 13MA. Tomorrow, the stock may
face resistance around 5.15/5.18, on the downside the stock is likely to
find support around 4.72/4.75.
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Two Harbors Investment Corp (NYSE:TWO) - Strong looking chart. Sitting just under highs. Long over 11.22. Short-term 13-days moving average which is at 10.90 will now act as a support.
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Trina Solar Limited (NYSE:TSL) is at a key support of 5.50. If it drops
below it is likely to fall till 5/5.1. If 5.5-5.6 holds a recovery till
6 is likely. All technical indicators are pointing negative on the chart.
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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
