Tuesday's Stocks to Watch, Aug 21
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Shares of JetBlue Airways Corporation (NASDAQ:JBLU) continue to look strong above $5. The stock looks to
have put in a short-term bottom. A close above 5.29 could spark another round of momentum buying. Looking at the technical chart, the MACD just crossed and is often a great sign for reversal trends. Hold with a stop-loss at $5.05 and use a trailing stop-loss in the event of an upward move.
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JPMorgan Chase & Co. (NYSE:JPM) is getting ready to come out of a
nice consolidation pattern in the next few days. A close above $38 gets
the party started.
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Nice tweeted under 4.28. Rosetta Genomics Ltd. (NASDAQ:ROSG) exploded
today as the company announced the completion of three executive hires
and an expansion of its commercial operations in preparation for
expected sales growth of its microRNA diagnostic assays. The near-term
trend is now bullish and a close above $5 would confirm the positive
outlook. Remain invested with a stop-loss at $3.95. Exposures may be
reduced on an evidence of resistance at the $5 level. The near-term uptrend
continuation scenario is slightly more likely at the moment.
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