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Tuesday, November 27, 2012 

Stocks to watch on Wednesday Nov 28

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First Solar, Inc.(NASDAQ:FSLR) brokeout of a large Bullish ascending triangle with large volume. Look for confirmation tomorrow. The technical daily chart is showing bullish sign as the 50-day moving average has crossed above 200 day moving average early this month and MACD is above signal line.

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Green Dot Corporation (NYSE:GDOT) Broke out today on good volume. Look for more upside from here. The technical indicators are displaying good signs. The stock could touch an upside target of $13 in the short-term.

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Sonus Networks, Inc. (NASDAQ:SONS) broke through a short term resistance line of 1.45. The increase in volume hopefully would bring the stock price up to its 20-day moving average at 1.57.

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 Cree, Inc. (NASDAQ:CREE) Nice breakout on high volume. Buyable on a pullback to the pivot. 

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Monro Muffler Brake Inc (NASDAQ:MNRO) closed higher on Tuesday as the stock looks to be bouncing off support. The stock hit a high of $33.49, which is resistance for Wednesday’s follow through move.
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.

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About Me

  • 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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