Stocks to Watch for May 31, 2013
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There is a potential bullish flag formation pattern developing on the daily chart of Yahoo! Inc. (NASDAQ:YHOO), with a upside potential to the $30 area. Buy only when it breaks the upper band with stop loss at 24.86
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OCZ Technology Group Inc. (NASDAQ:OCZ) could be in the early stages of a technical breakout. The stock finally closed above the EMA50 on heavy volume for the first time since March. Technicals are showing bullish signals supported by by rising MACD and RSI on the daily charts.
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Apple Inc. (NASDAQ:AAPL) Bullish day. Nice break from a short term consolidation. Watch for a follow-through day and be sure to set a stop just below the EMA50.
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Procera Networks Inc (NASDAQ:PKT) is getting ready to come out of a nice consolidation pattern. A close above $15 gets the party started.
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Sirius XM Radio Inc (NASDAQ:SIRI) Be careful at this point, because the MACD is about to cross below the signal line.
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3D Systems Corporation (NYSE:DDD) had a strong surge on big volume today. The stock is inching closer and closer to another breakout move. Buying momentum is still positive and strengthening. On watch.
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Cree, Inc. (NASDAQ:CREE) broke out to new highs on high volume. The short-term uptrend is intact and signals further bullishness on this stock. Buy the stock in dips with a stop-loss at $57.95
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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, CREE, DDD, OCZ, PKT, SIRI, YHOO
