Stocks to Watch for June 11, 2013
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First Solar, Inc. (NASDAQ:FSLR) broke out from a small symmetrical triangle with a target price level of around $63. The momentum clearly favors the bulls. Long positions may be considered on price weakness, with a stop-loss at $51.63.
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Xerox Corporation (NYSE:XRX) looks good to make an attempt up over the recent higher at 9.38. Technical indicators are bullish. The MACD has crossed above its signal line, and both are still positive. Slow stochastic has climbed up from its neutral zone to the 75% level and the RSI has moved above its 50% level.
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SolarCity Corp (NASDAQ:SCTY) has been losing momentum recently, if it breaks below the pivot point of $35 the picture could get ugly very quickly. Technicals are beginning to look bearish.
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Career Education Corp. (NASDAQ:CECO) is consolidating and looks like it is getting ready for another leg higher. Buy point is at 3.27.
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Pandora Media Inc (NYSE:P) a close above $16 could spark a nice short-squeeze. The stock is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance for the stock is at $15.76. If this level is crossed and the stock is able to sustain above this level, then it might go to $17. On the downside, the stock has a strong support at $14.
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Advanced Micro Devices, Inc. (NYSE:AMD) DT line broken to the upside. Watching this one for follow trough on Tuesday for higher prices. Slow Sto crossover developing new uptrend.
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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: AMD, CECO, FSLR, P, SCTY, XRX
