Stocks to Watch for September 27, 2013
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Ceres Inc (NASDAQ:CERE) looks to have bottomed. The stock broke the $1.37 resistance level today on strong volume and could eventually rally up to test its 50-day EMA. Looking at the technical daily chart the near-term outlook is very positive and a move to the 1.55-1.68 range appears likely. In addition, MACD also indicate positive momentum. To think CERE was trading at $5 not long ago.
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Applied Materials, Inc. (NASDAQ:AMAT) had a strong breakout on Tuesday and is now in overbought conditions, so wait to see if it could form a flag pattern. The next buy area is when it clears $17.94 resistance on volume, it needs a consolidation imo.
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Entropic Communications, Inc. (NASDAQ:ENTR) Poised to clear this major resistance area. Keep on watch for the break on volume and go long.
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Yahoo! Inc. (NASDAQ:YHOO) Breaking out to new highs on volume, looks good for higher prices.
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Sirius XM Radio Inc (NASDAQ:SIRI) Thursday's close confirms a trend change from downward to neutral in short-term. Let’s see whether the stock can gather enough momentum to break through $4
During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
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
During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
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: AMAT, CERE, ENTR, SIRI, YHOO
