Stocks to Watch for August 9, 2013
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Solazyme Inc (NASDAQ:SZYM) has been in a consolidation pattern for the last two months and appears poised to break out above the key resistance at the 12.89 level. MACD crossover today.
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EMC Corporation (NYSE:EMC) broke out of its 2-week consolidation pattern with a move up 54 cents to 27.04 and looks poised to continue higher. Watching over 27.34
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Central European Media Enterprises Ltd. (NASDAQ:CETV) is in a bullish ascending triangle putting pressure on the 3.8 level and is showing signs of a potential BREAK OUT. The stock has built a strong base in the last 3 months around the 3.50 area and is ready for a move higher imho MACD crossover today and Slow Stochastic gave a buy signal as well. Both could help it get into 4's again. I'm looking at this as a short-mid term play.
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Fifth & Pacific Companies Inc (NYSE:FNP) Breaking out of its pattern with volume, look for more upside here.
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InterDigital, Inc. (NASDAQ:IDCC) Still ugly. I will not touch this one long until it's back over the 50-day EMA. The sentiment on the stock remains weak. The next selloff should break support at 35.4
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Stratasys, Ltd. (NASDAQ:SSYS) Looks ready for higher prices, buying on volume and bullish engulfing candle. Technical chart shows a bullish MACD cross combined with a nice bounce off the 50-day EMA. We will see if it follows through.
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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: CETV, EMC, FNP, IDCC, SSYS, SZYM
