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Thursday, September 27, 2012 

Friday September 28th watchlist

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InterDigital, Inc. (NASDAQ:IDCC) - This stock broke out in a big way today on great volume. I think we'll see some nice follow through tomorrow. This was a $50 stock less than 12 months ago. Could it happen again ? We'll soon find out. With almost 15% of the float short, this stock is due for a big move higher. They need to buy back stock to profit from their bets which only adds fuel to the "FIRE". The next resistance area is around the mid $40 range. Stoch & RSI have room to upside.

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Research In Motion Limited (NASDAQ:RIMM) closed up on Thursday and should continue higher on Friday. The company reported earnings after the close and the market loved what they saw. The stock is trading up after-hours and I expect it to gap open on Friday. I'm using the July highs of $8.35 as resistance.

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Express Scripts Holding Company (NASDAQ:ESRX) hit another 52-week high and looks to be giving another entry.

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NPS Pharmaceuticals, Inc. (NASDAQ:NPSP) cleared resistance before pulling back a little. This sector has been hot lately. On watch.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog  twitter and newsletter, so you can receive my trade ideas and stock news in real time. 

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 

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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