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Monday, February 25, 2013 

Tuesday February 26th watchlist

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Sarepta Therapeutics Inc (NASDAQ:SRPT) continued trading above the short-term moving averages. The technical indicators still indicate a bullish tone in short-term. The support level is located at $25.8 and them resistance is still at $29.63.

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Vipshop Holdings Ltd - ADR (NYSE:VIPS) Strong breakout. If the stock can break today’s high of $28.49, we should see a strong follow through move.

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ABIOMED, Inc. (NASDAQ:ABMD) Despite the bearish market action today, ABMD's stock performed well relative to the whole market. The next major resistance resides around the 16 price region. Only a close above this level would suggest further upside. 

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Goldman Sachs Group, Inc. (NYSE:GS) broke down today under support at $150 on strong volume. First support is now located at 143.71 with stronger support down at 140.10. Technical indicators signal a negative momentum for the stock.

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

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  • 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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