Top stocks on my watch list for Thursday December 20th
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Accretive Health, Inc.(NYSE:AH) Looks poised to break through this resistance at 12.25-12.28. The
accumulation/distribution line shows a significant uptrend and MFI
reveals very strong buying pressure. I believe that this is the first
sign of a change in trend of the stock sentiment. Keep on watch !
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Progenics Pharmaceuticals, Inc.(NASDAQ:PGNX) started a rally that saw
the stock break $2.48, its 50-day moving average on heavy volume. After
that break, the stock soared to a high of $2.91 before closing the day
at $2.87. This creates a strong bullish scenario for tomorrow. From a
technical standpoint, the stock broke the DT line, its 50-day SMA and
MACD back above zero. The ingredients are here for a nice move. Lots
of room to the upside if it can follow through from today's big gains. A
rally from the current levels could see very little resistance to the upside. Keep PGNX on your radar for Thursday’s trading session.
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NVIDIA Corporation (NASDAQ:NVDA) The stock acted like it was going
to break-out from the bull flag pattern, but failed to. Maybe tomorrow.
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Brightcove Inc (NASDAQ:BCOV) broke out above its 20-day SMA at $9.37.
BCOV is now riding on a short-term upward movement in share price.
Technical indicators are becoming more favorable, with the MACD and
Stochastics starting to turn up. Next resistance lies at $10 and then at
$10.14.
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Herbalife Ltd. (NYSE:HLF) Broke down through a major support area today of 42.15. Next support is at 35.39 All technicals are bearish.
Labels: AH, BCOV, HLF, NVDA, PGNX
Your Analysis are too good , and its having the highest probability of success.
Posted by
Options Trading |
6:42 AM