Stocks to Watch for June 07, 2013
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ACADIA Pharmaceuticals Inc.(NASDAQ:ACAD) Strong Breakout on heavy volume. Buyable on a pullback to the pivot. From a technical standpoint the stock looks very strong with both 50-day and 200-day exp. moving averages going up while MACD is crossing up. I suspect the stock may continue to appreciate over the coming days.
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Banro Corporation (NYSEMKT:BAA) Nice upside reversal day. The technical chart suggests that stock might find now resistance at $1.32. Only a close above this level would suggest further upside.
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Advanced Micro Devices, Inc. (NYSE:AMD) Holding its 20-day EMA on closing basis will be the key, if bulls want the recent rally to continue. However, there are some negative divergences to take into account here.
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Electronic Arts Inc. (NASDAQ:EA) Let's see if it breaks over $23.59. Long set-up on watch.
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Realty Income Corp (NYSE:O) On watchlist, no trigger yet. Long above $45.66. The stock has very strong support at 43.
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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
