A few potential plays for Thursday, Aug 30
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Acme Packet, Inc. (NASDAQ:APKT) had a very strong day today, breaking
out above the $18 level on heavy volume. As long as it can hold this
level, it looks good. Technicals are showing bullish signals supported by positive MACD and OBV indications.
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There is a potential breakout scenario developing on the daily chart of NetSpend Holdings Inc (NASDAQ:NTSP). Buy signal:When stock breaks $9.62
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InterDigital, Inc.(NASDAQ:IDCC) could be in the early stages of a
technical breakout. The stock finally closed above its 200-day moving
average on the daily chart for the first time since October 2011. I will be
watching very closely for news. The stock looks like
it wants to run.
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XenoPort, Inc. (NASDAQ:XNPT) - Technical chart shows a strong uptrend with a series of higher highs and
higher lows and has no indications of reversing downward. However, the
stock needs to take out 9.70 soon in order to convince bullish buyers at
these levels. XNPT has been mentioned several times in my blog ( since May ) as a favorite Bio name.
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VirnetX Holding Corporation (NYSEAMEX:VHC) surged 5.5% to $26.88 per
share breaking out an important resistance ( 200-SMA ) with decent
volume. We should be able to see some decent upside movement for the
bulls here.
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Lions Gate Entertainment Corp. (NYSE:LGF) - Bullish day. Nice break from a short term consolidation. Test of June highs first target.
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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
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: APKT, IDCC, LGF, NTSP, VHC, XNPT
