Stocks to Watch for October 22, 2013
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Monsanto Company (NYSE:MON) needs to take out $107.30. The break of the resistance line with good volume should be the next buy point on MON. The recent increase in trading volume and rising AC/DT suggests buyers are accumulating stock.
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JDS Uniphase Corp (NASDAQ:JDSU) Broke out to new highs. Looks good for higher prices.
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Vringo, Inc. (NASDAQ:VRNG) Volume starts to pick up. The stock could make a move to the upside. A break of $2.82 with force might give VRNG room to $3.06. Keep it on your watch list.
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VirnetX Holding Corporation (NYSEMKT:VHC) broke out of a consolidation range on good volume. The technical chart shows the buyers are back and a possible test of August highs around $22 is very likely. The short-term trend is now bullish as the stock is on top of 9-day and 13-day exponential moving averages with both going up. In addition, the MACD is perking up and the RSI is moving up. I think the stock has room to go higher. Watch the stock closely on Tuesday.
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Avnet, Inc. (NYSE:AVT) could be getting ready to break out. The AC/DT indicator shows a marked increase in accumulation. Break out watch over 42.86.
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Century Casinos, Inc. (NASDAQ:CNTY) is setting up nicely to break into new highs. Buy point would be on the day it blows through $6.2 on heavy 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: AVT, CNTY, JDSU, MON, VHC, VRNG
