Stocks To Watch For November 16, 2012
( click to enlarge )
Green Dot Corporation (NYSE:GDOT) has been consolidating on very light
volume the past few days. Right now, GDOT's technical's are looking up
as we see only minor resistance at 11.93-12 and looks like this baby is
poised for a nice BREAKOUT at any time now. Once the resistance of 12
breaks past we can see it hit the higher levels in minutes ! MACD and
Money Flow Index are both showing us something similar : uptrends. With
the chart on the verge of a possible breakout, get GDOT on your radars.
The top executives have been bullish about the company as CEO and
chairman of the board just bought 89.000 shares or about $995,453
million worth of stock recently. Stay tuned.
( click to enlarge )
After a slow start this morning, Netflix, Inc. (NASDAQ:NFLX) saw its
high of the day at 81.9 up 2% and showing strong bid support. The stock
closed above the 200-day moving average for the first time since August
2011. Now look for a follow trough in the coming days.
( click to enlarge )
Research In Motion Limited (NASDAQ:RIMM) Looks like it is getting ready
for a breakout soon. Good upside volume on the daily chart.
( click to enlarge )
VirnetX Holding Corporation (NYSEAMEX:VHC) is pulling back from recent
highs. The rising 50 and 200-day moving averages should provide support.
( click to enlarge )
Lexmark International Inc (NYSE:LXK) was one of the few stocks that ended higher on Thursday. I'm watching
the stock on Friday for a continuation move. Resistance for this
move is $24.19, which reflects September highs. If LXK does
break resistance, I expect to see the stock move very quickly.
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
Labels: GDOT, LXK, NFLX, RIMM, VHC
