Stock Picks for next week
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Sirius XM Radio Inc (NASDAQ:SIRI) is quickly approaching a big breakout
if it can manage to trade above $2.20 on strong volume. A high volume
move above this key level should set this stock up for a run back
towards $2.3 to $2.36 or possibly even higher. Initial support is now
2.12. (13-day MA).
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LSI Corporation (NYSE:LSI) has a breakout point at $7.37 that would
signal continuation of the uptrend. I would place a tight stop loss just
above 7. Technicals have turned bullish signaling sideways to higher prices possible in the near term.
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Las Vegas Sands Corp. (NYSE:LVS) made a strong upside reversal today.
The technical chart above suggests that stock might find now resistance
at $39.42. Only a close above this level would suggest further upside.
Remain invested with a stop loss at $36.
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General Electric Company (NYSE:GE) is threatening to break out above the
21 area, closing today just 4 cents off its high. A move above this
level would break the stock out of a small consolidation pattern.
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Intel Corporation (NASDAQ:INTC) - Broke downtrend line this week. I'm
expecting follow through to the upside next week. The next technical
levels that traders should be watching for are 26.63 and 27.51.
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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: GE, INTC, LSI, LVS, SIRI
