Stocks to Watch for November 20, 2013
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Zynga Inc (NASDAQ:ZNGA) is ready for a possible rally if breakout key resistance level of 4.12 with big volume. The MACD rising in positive territory and the stock price is above all the major moving averages. Keep on watch.
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Amarin Corporation plc (NASDAQ:AMRN) jumped over 24% today to close at $1.91. It ended the day trading 16 million shares and closed near the highs of the day. I would not be surprised to see this stock over $2 in the next few days.
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Netflix, Inc. (NASDAQ:NFLX) The technical daily indicators are looking weaker, than the week before. The MACD is still positive but falling and RSI is at its 50% level but headed down. The stock made a new high of 389.16 last month, but none of the technical daily indicators ( such as MACD ) came even close to a new high. From a technical standpoint, this is clearly a negative divergence. If the stock price breaks the 20-day EMA then the stock could quickly fall to around the $318 level. Insider selling also indicates bearishness.
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The chart pattern of Himax Technologies, Inc. (NASDAQ:HIMX) is looking slightly more bullish now. The MACD is touching the signal line and ready for a bullish cross. In addition, the RSI and stochastic are also supporting its uptrend move. Next resistance lies at today's high of $9.60 and then at $10.49.
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Citigroup Inc (NYSE:C) Watching for $51.56 breakout. All indicators are in favor of an upward price movement.
On Wednesday and Thursday, Marketfy will host its inaugural Holiday Trading Summit. The event will bring the world's most brilliant traders right into the living rooms of those who attend.
1.Pro trader Nicolas Chahine will discuss how traders can master credit spreads in any market condition. 2.Serge Berger, the swing trade master, will provide a proven strategy on how to swing trade using candles. 3.Stephen Bigalow, the veteran investor behind The Candlestick Forum and the author of Candlestick Profits: Eliminating Emotions With Candlestick Analysis, will teach traders about the early warning signals for reversal alerts.
4.Retro Wall Street's Timothy Collins and Bob Byrne will teach investors how to profit from Volume Profiling and weekly options.
5.Acclaimed trader Hubert Senters will show investors how to risk $156 to potentially make $1,000.
6.Last but not least, Sang Lucci will teach investors how to exit a trade.
Those who attend Marketfy's Inaugural Holiday Trading Summit will gain a lot, but they will also give so much in return. When you register for the event, Marketfy will donate a holiday meal to a child in need. More registrants means more meals, so tell everyone else you know to sign up now !
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
On Wednesday and Thursday, Marketfy will host its inaugural Holiday Trading Summit. The event will bring the world's most brilliant traders right into the living rooms of those who attend.
1.Pro trader Nicolas Chahine will discuss how traders can master credit spreads in any market condition. 2.Serge Berger, the swing trade master, will provide a proven strategy on how to swing trade using candles. 3.Stephen Bigalow, the veteran investor behind The Candlestick Forum and the author of Candlestick Profits: Eliminating Emotions With Candlestick Analysis, will teach traders about the early warning signals for reversal alerts.
4.Retro Wall Street's Timothy Collins and Bob Byrne will teach investors how to profit from Volume Profiling and weekly options.
5.Acclaimed trader Hubert Senters will show investors how to risk $156 to potentially make $1,000.
6.Last but not least, Sang Lucci will teach investors how to exit a trade.
Those who attend Marketfy's Inaugural Holiday Trading Summit will gain a lot, but they will also give so much in return. When you register for the event, Marketfy will donate a holiday meal to a child in need. More registrants means more meals, so tell everyone else you know to sign up now !
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: AMRN, C, HIMX, NFLX, ZNGA
