-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Wednesday March 6th watchlist » | Tuesday March 5th watchlist » | 8 Stocks On Watch For Monday » | Watch list for the first day of March » | Thursday February 28th watchlist » | Wednesday February 27th watchlist » | Tuesday February 26th watchlist » | Few Potential setups for next week » | Watchlist for Friday, February 22 » | Watchlist for Thursday, February 21 » 

Wednesday, March 06, 2013 

Thursday March 7th watchlist

( click to enlarge )

Research In Motion Ltd (NASDAQ:BBRY) is quietly gaining momentum. If the stock can manage a breakout above its 50-day SMA on high volume, it would be a great buying opportunity but only on a breakout. Keep it on your watch list going forward.

( click to enlarge )

Astex Pharmaceuticals, Inc. (NASDAQ:ASTX) High volume Breakout from a Cup and Handle formation. Momentum picking up with MACD climbing and RSI rising. Try to buy on a pullback.

( click to enlarge )

Amazon.com, Inc. (NASDAQ:AMZN) the technical chart is painting a bullish picture. All the MA's moving up and providing support.

( click to enlarge )

TD Ameritrade Holding Corp. (NYSE:AMTD) That's a good looking chart. It's a buy on a break of 20.3 with solid volume. Stop 18.35

( click to enlarge )

The stock is finally starting to break out. Tellabs, Inc. (NASDAQ:TLAB) hit bottom in the low $2's and has started to work its way higher. The 50-day SMA sits at $2.21 and the 200-day SMA is at $2.32. MACD crossover today and should support higher prices on stock in short term. This stock deserves watching going forward.

( click to enlarge )

Bears have pushed the stock down from the top of the trading range to the bottom again in a hurry. We are at oversold conditions on Stochastics. Although the recent downward move has been impressive, we still remain trapped within a multi-month trading range. On a fundamental basis the stock looks to be undervalued. Shares of AXT Inc (NASDAQ:AXTI) trade at a trailing P/E of 15x with a PEG of just 0.65x, which indicate that the stock is undervalued. This company has no debt and about $46 million of cash, so they have about $1.42 a share in cash. Analysts are bullish on stock. B. Riley recommends adding to AXT Inc positions following the solid Q4 report. Shares are Buy rated with a $4.60 price target, up from $4. In addition, the company recently announced a program authorizing the repurchase of up to $6 million of the Company's common stock. I like this company and have been adding.

( click to enlarge )

The chart of VirnetX Holding Corporation (NYSEAMEX:VHC) is still looking interesting as it continues to trade within an ascending triangle pattern with resistance at 36.25. That resistance level is the area to watch closely and close above with volume is a strong buy signal.

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.


Labels: , , , , , ,

Bookmark and Share


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.

  • Benzinga.com supporter

    Benzinga.com supporter


      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal


      Interested in advertising on AC Investor Blog ? Click Here


    Site Information

    Stock Market Blogroll

    Friends BLOGROLL


Powered by Blogger
and Blogger Templates

Add to Google