-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Stocks to Watch for October 25, 2013 » | 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 » 

Saturday, October 26, 2013 

Stocks to Watch for October 28, 2013

( click to enlarge )

Royale Energy, Inc. (NASDAQ:ROYL) is a low volume small cap that may be poised to move higher. The company reported great earnings last week. Entry point would be on the day it blows through $2.8 on heavy volume. The technical daily chart above indicates bullish sign as the 9-day EMA has crossed above 13-day EMA with RSI going up and MACD near the positive territory. If the stock can get above 2.8, it would likely start to create a short covering as the short % of float is about 14% currently, and 14 days to cover ;)

( click to enlarge )

AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) had a very bullish move last week breaking several resistance lines with large volume. Looking at the technical daily chart above, although the moving average still shows weakness as 50-day EMA is below 200-day EMA, positive momentum seems to be back as the stock is back above 50-day EMA. Plus, MACD is also back above "0" indicating the stock is back in bull market. Also note the HUGE volume over the last days, indicating the stock is under accumulation. AVEO Pharmaceuticals has $3.04 per share in cash and has zero debt. According to Forbes, article published on 9/17/2013, the Billionaire and legendary hedge fund manager, Seth Klarman of the Baupost Group owns more than 7% of this stock.

( click to enlarge )

Walter Energy, Inc. (NYSE:WLT) is forming a ascending triangle formation on daily. If it breaks, we could see 20 quickly.

( click to enlarge )

First Solar, Inc. (NASDAQ:FSLR) Looks like a bullish pennant formation here. Play accordingly.

( click to enlarge )

Trina Solar Limited (NYSE:TSL) Short-term indicators are showing signs of weakness. Consider taking partial profits if it breaks the 20-day EMA.

( click to enlarge )

The Wendy's Co (NASDAQ:WEN) As long as the stock holds above the $8 support level the intermediate-term picture should remain positive. Fresh exposures may be considered on a move past $8.88, with a short-term stop-loss at $8.5

( click to enlarge )

Fastenal Company (NASDAQ:FAST) Potential breakout play. Watching over 51.34 with resistance at 52.57.

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.


Labels: , , , , , ,

Bookmark and Share


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.

  • Benzinga.com supporter

    Benzinga.com supporter


      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal


      Interested in advertising on AC Investor Blog ? Click Here


    Site Information

    Stock Market Blogroll

    Friends BLOGROLL


Powered by Blogger
and Blogger Templates

Add to Google