Stocks To Watch For November 14, 2012
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What a great trading session for Lattice Semiconductor (NASDAQ:LSCC).
The stock pushed higher throughout the day and closed out the session
right at $4 with higher volumes, indicating positive bias among
investors. This creates a bullish scenario for Wednesday. If it closes
above 4.16, there is scope for further upside. The MACD line above the
signal line further confirms this bullish trend.
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Shares of TiVo Inc.(NASDAQ:TIVO) advanced 0.59% to end the day at 10.16.
The stock is ready to test the recent highs with the slow stochastic
crossing up. I look for a rise to test resistance.
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Rubicon Technology, Inc. (NASDAQ:RBCN) I think the time might be coming
for a nice bounce as the stock is giving signs of selling exhaustion at
oversold extremes. A bounce that could send this stock back over $7 IMO
!! $6.31 stop loss for long position. On watch.
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Shares of Sirius XM Radio Inc (NASDAQ:SIRI) ended the day
marginally higher at $2.79. After testing $2.84, the stock had
corrected. As long as the major support level of $2.60 holds, we will be
okay. A close above the resistance level of 2.83 ( 20 SMA ) could trigger a buy signal.
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Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) closed for the second day in a
row above its 50 SMA. The stock could touch an upside target of $9.5 in
the short term. Existing holders could remain invested with a stop loss
at 7.8
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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: ARNA, LSCC, NFLX, RBCN, SIRI, TIVO
