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Tuesday, April 23, 2013 

Stocks to Watch for April 24, 2013

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ITT Educational Services, Inc. (NYSE:ESI) Watching for breakout confirmation. The stock needs to break and hold 15.22 to confirm. A breakout could take ESI much higher as the chart shows little resistance.

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Today's action in Research In Motion Ltd (NASDAQ:BBRY) confirms my opinion that the current rally has legs. The stock broke and closed above the 20 and 50EMAs giving a bullish signal. We should be able to see some decent upside movement for the bulls here.

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Ford Motor Company (NYSE:F) broke a key resistance level today, pointing the way for further move up. Technical indicators such as MACD is confirming the upside movement and the volume was significantly higher compared with last two days. Next major resistance level to watch is up at $13.58

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Charter Communications, Inc. (NASDAQ:CHTR) is flagging near resistance. Only a move above $107 could trigger a sharp move higher. The level to watch on the downside is $102.57, which if breached could lead to a retest of the $100 level.

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American International Group Inc (NYSE:AIG) Breaking out to new highs. Looks good for higher prices.

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Equinix Inc (NASDAQ:EQIX) Volume starts to pick up. Could make a nice move to the upside. Keep it on your watch list. A break of $223 with force might give EQIX room to $231

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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