Stocks To Watch For November 06, 2012

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InterDigital, Inc. (NASDAQ:IDCC) continues to impress to the upside. The stock posted a 3.19% gain today on decent volume. It's still on my buy list and hold list from $28, and I remain bullish on these shares. If the money continues to flow into this stock, you could expect more gains. Looking at recent trading action there is not any heavy selling to note, which makes me totally confident that this stock is poised to make a nice move higher. The technical daily chart shows very strong upward momentum as the stock is above the 50-day moving average with both 50-day and 200-day moving average going up. In addition MACD also show very bullish sign. Keep IDCC on your watchlist.

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Lattice Semiconductor (NASDAQ:LSCC) Keep an eye for a possible breakout over $4.05. Good accumulation going on. The technical daily chart shows positive sign as the stock closed for the third day in a row above 50-day moving average that had remained unbroken since late September. In addition, with MACD now above 0 we should see more upside from this stock.

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Integrated Device Technology, Inc. (NASDAQ:IDTI) A high volume move through the 6.07 price level would be buyable. MACD crossover on daily chart.

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Qihoo 360 Technology Co Ltd (NYSE:QIHU) Stalking. I'd like to see this close over 22.72 before getting involved. The technical chart shows a golden cross, a very bullish formation. The stock could see a test and break of the recent highs in the near future.

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Looks like D.R. Horton, Inc. (NYSE:DHI) shares have a good chance to continue higher and a buy could be made as it moves over $22.79. If this happens, DHI is a good play. The Technical daily chart shows the stock is on a strong bull market as the stock is trading above 50-day and 200-day moving with both moving average pointing upwards. In addition, MACD has a bullish crossover.

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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.

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AC

Labels: DHI, IDCC, IDTI, LSCC, QIHU