Stock Picks for Wednesday October 03, 2012
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Virgin Media Inc. (NASDAQ:VMED) looks to be moving up again after
two-week consolidation period. Everybody knows how quickly this stock
can move higher, so keep an eye for a possible breakout over $31. The
stock is in a strong uptrend as long as the uptrend line remains intact.
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OmniVision Technologies, Inc. (NASDAQ:OVTI) has retraced most of its recent gains and looks ready to renew its bullish momentum. Also, the RSI is bouncing back from the bottom. We could see a nice rebound on this one.
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Research In Motion Limited (NASDAQ:RIMM) what a rally today. The
stock was up 6.5% on the session and closed just few cents below its
100-day moving average. RIMM has been a great one day trade. As I mentioned on Twitter, I took profits today. These gains
are really significant and represent substantial profit for my twitter
followers and subscribers who took advantage of my alert early. If you are still in the stock make sure you have your
downside protected.
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Career Education Corp. (NASDAQ:CECO) today's pull back offers a good
buying opportunity. The pullback was on light volume & could incite
some buying tomorrow as investors try to get in at a cheap price. It
continues to hold the 20 and 50 day moving averages, which is a bullish
sign. Additionally, CMF is also showing a positive divergence, the stock
has been in a downtrend and CMF is positive, it may be an early sign of
trend reversal. On watch.
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First Solar, Inc.(NASDAQ:FSLR) made a strong upside reversal today. The
technical chart is displaying a buy divergence on the upside. Expect an
initial run up to $24.3 with a break higher moving to the 26 zone.
Labels: CECO, FSLR, OVTI, RIMM, VMED
ThankYou for all your Wonderful Posting!! Also what you think about CIEN?
Posted by
Unknown |
8:46 AM
What do you think about long on cien and long TLT?
Posted by
Unknown |
1:41 PM