Watchlist for Wednesday, September 5
( click to enlarge )
Shares of D.R. Horton, Inc. (NYSE:DHI) surged 2.6% to $19.49 per share
breaking out an important resistance on rising volume. We should be able
to see some decent upside movement for the bulls here. From a technical
standpoint the stock still in a very strong bull market with MACD on
top of signal line and 50-day moving average on top of 200-day moving
average.
( click to enlarge )
Louisiana-Pacific Corporation
(NYSE:LPX) broke out of a short consolidation period on solid volume.
Short-term outlook for the stock is bullish.
( click to enlarge )
ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS) new highs hit today on expanding volume and looks ready to extend its gains. Buy the stock in dips with tight stop-loss at $13.01.
Just an amazing Bio-stock to watch, just when you think its dead it
comes back stronger than ever. If the stock can break today’s high of $15.19, we should see a strong
follow through move. ISIS will move very quickly, so keep a very close
eye on the stock.
( click to enlarge )
Zale Corporation (NYSE:ZLC) Continues to Breakout. Might pause but looking to add on any dip. Stochastics are showing momentum severely overbought and suggesting a possible exhaustion in the bullish run.
( click to enlarge )
Modine Manufacturing Co. (NYSE:MOD) has a very interesting daily chart
and could have a move soon. Resistance for this move is $7.28. The
technical chart looks really bullish in short-term as the stock is
trading above 50-day moving average and the 13-day MA crossed above
50-day MA recently. Heavy volume on up days. Worth watching for a
breakout.
( click to enlarge )
Career Education Corp. (NASDAQ:CECO) nice up move on expanding volume with a bullish stochastic cross. Next Res 3.41 then 3.44
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
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: CECO, DHI, ISIS, LPX, MOD, ZLC
