Stocks to Watch for October 23, 2013
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Century Aluminum Co (NASDAQ:CENX) Strong rally on volume today. Watch this one as it approaches a Major resistance area. All technical indicators are bullish.
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I have Rosetta Genomics Ltd. (NASDAQ:ROSG) on my watchlist. It may be ready to break out of this base. Today's news "Rosetta Genomics receives USPTO patent for lung cancer test" could be a good catalyst. If the stock price breaks out it could easily rally to my first target of $4 below the stock's 200-day EMA. ROSG is a low float stock with heavy short interest. Stay tuned.
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Alpha Natural Resources, Inc. (NYSE:ANR) broke a key resistance level (50EMA), pointing the way for further move up. Technical indicators such as MACD is confirming the upside movement and the volume was significantly higher today. Next resistance level to watch is $6.18
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Miller Energy Resources Inc (NYSE:MILL) is flagging near resistance. Only a move above $8.44 could trigger a sharp move higher.
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Itau Unibanco Holding SA (NYSE:ITUB) Stalking. If the stock can break today’s high of $15.6, we should see a strong follow through move.
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Vale SA (NYSE:VALE) broke out above its resistance level today. The stock is getting some buying and looks poised to post some nice gains if the buying volume persists. From a technical standpoint, the outlook for the stock is relatively bullish. Stochastic, RSI and ADX charts are flashing bullish signal for VALE. Keep it on your watch list tomorrow.
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: ANR, CENX, ITUB, MILL, ROSG, VALE
