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Tuesday, October 15, 2013 

Stocks to Watch for October 16, 2013

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Geron Corporation (NASDAQ:GERN) could be flagging. I'm stalking this stock to see if it clears 3.50

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Gulf Resources, Inc. (NASDAQ:GURE) Looking at the technical chart of GURE, the accumulation/distribution line continues to scale new peaks, as somebody out there gets extra hungry for GURE at these levels. There are several indications I see which suggest a near-term bottom here, including large positive divergences on ADX in daily. A break above 1.90 should be seen as a serious threat for the stock to test the recent highs at 2.06. Keep GURE on your screen for Wednesday’s trading session.

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Advanced Micro Devices, Inc. (NYSE:AMD) As long as the breakout area holds on a close, I will continue to view the short-term trend as positive.

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CBS Corporation (NYSE:CBS) Testing resistance level again. Wait for a clear break above the 57.47 level to establish longs. MACD crossover today.

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Nokia Corporation (NYSE:NOK) Solid breakout with volume expansion. I am looking for a continuation move on Wednesday.

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SUPERVALU INC. (NYSE:SVU) might be a good buy over the recent high of 8.48

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.

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You nailed it today, great job.

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About Me

  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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