Stocks to Watch for October 11, 2013
( click to enlarge )
Rambus Inc. (NASDAQ:RMBS) Looks like the 50-day EMA acted as a nice support for the stock, as it was able to bounce from the short-term downward movement. The stock closed the day with a strong bullish engulfing candle. Need some follow through tomorrow. Resistances can be found at 9.5 and 9.69.
( click to enlarge )
Arca Biopharma Inc (NASDAQ:ABIO) is a stock that could head higher from Thursday's close. ABIO is in the process of bottoming and I expect a pop above $2 at some point in the coming days/weeks. From a technical standpoint, the indicator MACD remains contained by a consolidation, however the OBV continues to show strong accumulation. At some point this stock will explode to the upside imho.
( click to enlarge )
Transcept Pharmaceuticals Inc (NASDAQ:TSPT) looks right on the verge of a breakout. If the stock clears resistance the move may be powerful. At this moment, there's a clear battle between bulls and bears, as the trading today ended with an impasse. But, based on the MACD and the RSI, there is a higher possibility that the bulls will win this battle.
( click to enlarge )
Oclaro, Inc. (NASDAQ:OCLR) is flagging here. If it's breaks $1.95 it will absolutely fly into the 2's right away.
( click to enlarge )
Sirius XM Radio Inc (NASDAQ:SIRI) continues to hold its ground. Breakout watch over 4
( click to enlarge )
Pitney Bowes Inc. (NYSE:PBI) is a potential breakout play. Momentum picking up with MACD climbing and RSI rising. Breakout watch over $19.38.
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, OCLR, PBI, RMBS, SIRI, TSPT
