Stocks to Watch for October 03, 2013
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Navios Maritime Holdings Inc. (NYSE:NM) is flagging in the 7/7.50 area after a breakout from the 6.65 level in the last month. Watch for a break of 7.67 to continue the uptrend.
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I’m keeping an eye on Arca Biopharma Inc (NASDAQ:ABIO) for a breakout above its current 1.67 level. Momentum indicators are suggesting higher price movement in the near term.
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Pandora Media Inc (NYSE:P) is in an ascending triangle formation with higher lows putting pressure on the 27.3-27.50 area. A break of this pattern could move the stock price significantly higher.
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Neurometrix Inc (NASDAQ:NURO) is looking to get back over $2. The stock continued its rally today on heavy volume, closing the day near the highs of the session. I'd look for a continuation tomorrow, if it can break and hold above the $2 level. Next major resistance lies in the $2.33 price level (200EMA)
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Korn/Ferry International (NYSE:KFY) is setting up nicely to break into new highs. Buy point would be on the day it blows through $22.12 on heavy volume.
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Boise Cascade Co (NYSE:BCC) decent flag setup. I hope we break 27.15 with huge volume !
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: ABIO, BCC, KFY, NM, NURO, P
