Tuesday December 11st watchlist
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Teradyne, Inc.(NYSE:TER) looks poised for a break to the upside. Waiting for a break above the 16.49 level for a long position. Price will continue to move up as long as it sustains above the 13-day moving average. Daily technicals look bullish.
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Technical chart of Lattice Semiconductor (NASDAQ:LSCC) is now printing a
strong Bullish movement after stock has broken the key resistance area
of $4 on strong volume. LSCC has just entered into a short-term bull
market as the stock is on top of 20-day and 50-day moving average. I
expect a continuation of the upward movement. This momentum
could push this stock much higher from here. Next resistance is now seen
at $4.167 then 4.50.
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Crocs, Inc.(NASDAQ:CROX) broke through resistance of $14 but didn't
have much momentum behind the move. A close beyond a resistance level is
more significant than an intraday penetration, so keep an eye on CROX
again to see if tomorrow stock will confirm intraday breakout.
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Blyth, Inc. (NYSE:BTH) gave us a nice move on Monday closing above the
recent highs, which could be the start of a new trend North. If the
stock can break through Monday’s high of $16.92, we should see a strong
follow through move. Although the stock did not perform well this
quarter, we should see a rebound very soon as the technical chart now
shows positive momentum is back as MACD is moving upwards and %K line is
on top of %D line. In addition, 13-day moving average and 20-day moving
average seems both are stabilizing which is a very positive sign. Keep an eye on her.
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Mylan Inc. (NASDAQ:MYL) Nice breakout on high volume. The MACD had just
cut above its signal line. Fresh buying may be considered on a move past
$28.10, with a stop-loss at $27.23
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Deere & Company (NYSE:DE) That's a good looking chart for a Tuesday. It's a buy on a break of $87.5 with solid volume. On the technical side, we also have a bullish MACD crossover.
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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: BTH, CROX, DE, LSCC, MYL, TER
