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VVUS surged 3.12% or 43 cents to $14.19 per share closing just one cent below its 200-day EMA on heavy volume. The daily chart shows possible new rally as %K line has crossed on top over %D line, while ROC is still at oversold level. If the stock continues to go up, the 50-day exponential moving average has a chance to break above 200-day exponential moving average to form the "Golden Cross". The recent insider transaction was bullish as the director acquired 15,000 shares worth 14.68 per share. On watch.
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Sensata Technologies Holding NV (ST) waiting for a break above the 36.02 level for a long position.
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YRC Worldwide, Inc. (NASDAQ:YRCW) should continue the move up tomorrow and attack the 25 level (52-week high). The medium term up-trend is in progress and is regaining momentum with daily MACD back above its Signal line. Stop loss 20.52
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Pandora Media Inc (NYSE:P) is still trading sideways in the short-term, between15 and 16. Its technical indicators are showing positive signal and the stock price is trading above the major EMA's, denoting the current positive tone, that may turn into a new uptrend soon. Expect an initial run up to 16.02 with a break higher moving to the 17.5 zone. Stop loss 14.68
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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: P, ST, VVUS, YRCW