--Financial Tools ---Futures Market---ADD HERE LINK-- OPTION ALERTS --BENZINGA--

« Home | Stocks to Watch for October 24, 2013 » | Stocks to Watch for October 23, 2013 » | Stocks to Watch for October 22, 2013 » | Stocks to Watch for October 21, 2013 » | Stocks to Watch for October 18, 2013 » | Stocks to Watch for October 17, 2013 » | Stocks to Watch for October 16, 2013 » | Stocks to Watch for October 15, 2013 » | Stocks to Watch for October 14, 2013 » | Stocks to Watch for October 11, 2013 » 

Friday, October 25, 2013 

Stocks to Watch for October 25, 2013

( click to enlarge )

AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) regained the 50-day exponential average for the first time in over six months. This is a stock that could head higher from Thursday's close. AVEO is in the process of bottoming and I expect a pop above $2.6 at some point in the coming days. From a technical standpoint, the MACD just crossed above signal and the OBV chart is showing some strength in this movement, giving the bulls the signal they wanted. Long setup.

( click to enlarge )

Arca Biopharma Inc (NASDAQ:ABIO) I will be watching the stock on Friday for a continuation move through Thursday’s highs of $1.61. The OBV indicator on chart shows the strength of conviction behind this Bullish trend. A retest of 1.76 seems very likely. I still think the stock could offer some opportunity, so I'll keep the stock position open. The company has 20.7M in cash and has zero debt. It's trading below cash levels and book value. On October 9th, Dawson James initiated coverage on shares with a buy rating and a $3.75 target price. Lets keep an eye on it.

( click to enlarge )

AMR Corporation (OTCMKTS:AAMRQ) Nice breakout on high volume. Buyable on a pullback to the pivot.

( click to enlarge )

The Home Depot, Inc. (NYSE:HD) seems to have reversed from its downtrend and could be starting a new uptrend. With the MACD turning up and above its signal line, this stock could post a nice rally from current levels.

( click to enlarge )

Zalicus Inc (NASDAQ:ZLCS) made a strong reversal candle Thursday on heavy volume. If the stock can break Thursday's high, I think we will rally back to the $6 level. Stop 4.3

( click to enlarge )

MGIC Investment Corp. (NYSE:MTG) is building a nice Bullish pattern under resistance at $8.50. Watch for a break through that price level to indicate that another push higher will occur.

( click to enlarge )

MFA Financial, Inc. (NYSE:MFA) Technical chart looks very good. It's a potential breakout play. Momentum picking up with MACD climbing and accumulation continues to trend higher. Breakout watch over 7.8

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: , , , , , ,

Bookmark and Share

Contact

About Me

    Photobucket
  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 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.

  • Benzinga.com supporter

    Iceman Trading Academy Moderator

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    RECOMMENDED



    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google