Stocks to Watch for May 16, 2013
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Shares of Lifelock Inc (NYSE:LOCK) are starting to heat up again and are worth watching. If volume can pick up I think this stock can break through resistance at $10 and re-test its recent highs around 10.2
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Pacific Biosciences of California (NASDAQ:PACB) has been consolidating a pretty tight range above the 200-day exponential moving average. Volume is starting to build and it may attempt to break out over recent highs. Let's keep an eye on her.
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GT Advanced Technologies Inc (NASDAQ:GTAT) If the stock can break out above 4.24 with heavy volume, I think GTAT could shoot up to test 4.56 level. There looks to be good upside potential, so watch the stock very closely on Thursday.
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Ford Motor Company (NYSE:F) closed at 14.67 an increase by 40 cents or 2.8%. During today's trading session, the stock recorded a new 52-week high at 14.77 with a trading volume of 56 million shares. This looks to be a good breakout, so watch the stock very closely over the next few trading sessions.
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Avnet, Inc. (NYSE:AVT) had a great day on Wednesday. $33.94 is the next resistance level.
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Apple Inc. (NASDAQ:AAPL) is looking pretty bearish. If the weakness continues and the stock breaks the support at $416, there will be a good chance that the stock will test the next support level at $390 on a pessimistic scenario.
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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.
Thanks for visiting AC Investor Blog.
AC
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
Labels: AAPL, AVT, F, GTAT, LOCK, PACB
