--- BENZINGA Professional --- Benzinga Pro Chatroom ---- Marijuana stocks ---

« Home | Friday December 28th watchlist » | Thursday December 27th watchlist » | Merry xmas » | Short term trading ideas for Christmas Week » | Stocks on my watch list for Friday, December 21 » | Top stocks on my watch list for Thursday December ... » | Wednesday December 19th watchlist » | Tuesday December 18th watchlist » | 6 stocks to watch in the week ahead » | Friday December 14th watchlist » 

Saturday, December 29, 2012 

Stocks to Watch for next week

 ( click to enlarge )

Riverbed Technology, Inc.(NASDAQ:RVBD) looks good for higher prices. After a nice consolidation, I believe the stock is poised to break  next buy / add area (200-day moving average) and back over the $20 level. Short term indicators are positive. A buy signal would be given on a break above resistance at 19.84, with the next resistance then at 20.09, 20.45 and 21.02. Support is at 19.01 and 18.61

  ( click to enlarge )

American Axle & Manufact. Holdings, Inc. (NYSE:AXL) touched the 200-day SMA once again on Friday where it was quickly bought up. From a technical perspective this is a good sign of institutional support. I believe the stock should begin to move up quickly, once it clears the area of congestion that its currently in. I'll use a buy stop to buy this at $11.

 ( click to enlarge )

I hesitated to mention Hanwha Solarone Co Ltd (NASDAQ:HSOL) on twitter but the stock cleared back over the 50-day SMA on heavy volume Friday, while most of the market was falling. So I think it deserves a mention. Daily MACD gave a buy signal, while RSI and stochastics have turned up. Good long setup, if it takes out the 200-day SMA on volume.

   ( click to enlarge )

Radian Group Inc.(NYSE:RDN) Good winner this week. Looks really good making new highs on volume and holding the breakout. Next buy area when clears 5.82 on heavy volume.

 ( click to enlarge )

GT Advanced Technologies Inc (NASDAQ:GTAT) is starting to stabilize. If the market shows a little bit of optimism the stock could bounce back up to its 20-day moving average at $3.20. Short interest hit a new high on December 14 at 38.050.165 shares. Short ratio is about 9 to 10 days.

 ( click to enlarge )

Amarin Corporation plc (NASDAQ:AMRN) is very oversold and if the stock can hold the $7.60 price line may be a good bounce play.

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: , , , , ,

Bookmark and Share

Photobucket Contact

About Me

    Photobucket
  • I'm a 38 year old Independent Trader using propriety technical analysis with more than 18 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.

  • Benzinga.com supporter

    SteadyTrader Skyscraper Ad 160x600

    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    QUOTES

    POPULAR SECTION

      banner photo sc-18_zps59961ccf.jpg

      banner photo sc-18_zps59961ccf.jpg

      banner photo sc-18_zps59961ccf.jpg

    RECOMMENDED

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google