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Tuesday, November 06, 2012 

Stocks To Watch For November 07, 2012

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Lattice Semiconductor (NASDAQ:LSCC) nice runner from the buy list yesterday. The stock launched through the break out point and went up almost 10 cents. LSCC looks good for further gains from here. The first target is at 4.50. Accumulation chart continues to make new highs showing strong accumulation continuing to take place.

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InterDigital, Inc. (NASDAQ:IDCC) - This stock is up some 22% since last week and showing no signs of stopping. According to the chart, the stock remains under some serious accumulation.

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TiVo Inc. (NASDAQ:TIVO) Looks like a real nice Cup & Handle is forming on the daily.  A successful break of the 10.58-10.62 level would trigger a possible advance to ~11.50 a quite significant upside potential. The MACD and also the RSI are both on buy positioned and support a constructive view.

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Exide Technologies (NASDAQ:XIDE) came up out of the pattern today and went 19 cents. The stock should have more upside from here as long as the market does not put any downside pressure on it. The overall outlook for the stock appears bullish. Only a close below $3.04 would negate the bullish outlook for the stock.

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Career Education Corp. (NASDAQ:CECO) Stock price finally broke through the 50-day moving average with good volume. RSI bounced off the edge of oversold and is now back on the upswing. MACD just crossed above signal, giving the bulls the signal they wanted. CECO has momentum back on its side. 

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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