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This is a short term look at Research In Motion Ltd (NASDAQ:BBRY) chart :
- The stock closed again above its 50-day exp moving average. This is generally considered to an indication of a medium-term bullish trend.
- The Stochastic Oscillator is registering a bullish signal as the %K line is on top of %D line.
- The On Balance Volume indicator presently offers a bullish signal.
- The RSI is currently at 57% which indicates that the stock is trading in the bullish territory.
- The +DI line is above the -DI line and the ADX is below 20 and trending downward
- MACD is rising but below 0
- BBRY still trading in a Bull Market with share price above 20, 50 and 200-day exp moving averages.
Technically speaking the stock is painting a Bullish picture. There is a good chance the stock will continue to move up. If the stock can break through 15 level, we should see it move up to 16.16.
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Ford Motor Company (NYSE:F) is bullishly flagging just below the 16 level. The share price still trading above the 20-day exponential moving average, which worked well in past during the rise and decline. A long entry could be considered as it breaks over 16.09.
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Chart looks bullish. I'm watching Visteon Corp (NYSE:VC) closely for a breakout above 66.49, as the stock has been consolidating after the May run up and a break could continue the uptrend.
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The Middleby Corporation (NASDAQ:MIDD) Good looking chart. Sitting just under highs. Breakout watch over 171.63
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Raptor Pharmaceutical Corp. (NASDAQ:RPTP) flagging here. Looks like it wants to clear the 8 price level very soon.
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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.
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AC
Labels: BBRY, F, MIDD, RPTP, VC