Stocks to Watch for November 25, 2013
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I had Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) on my watch list on Friday and the stock did not disappoint. It rallied 35% on massive volume after European regulators allowed Ariad Pharmaceuticals to continue selling its leukemia drug. I'll be watching the stock price again next week to see what ARIA will do after have filled the gap. Keep on watch.
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Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) broke out of a descending channel on Friday for a bullish setup that moved the technical indicators higher. LXRX looks good for Monday.
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Himax Technologies, Inc. (NASDAQ:HIMX) is starting to regain its form. On Friday, I wrote on twitter "HIMX looking good for higher prices", and the stock made a nice reversal candlestick pattern, crossing above its 50-EMA with a decent 3% advance that moved the MACD into position for a bullish crossover, while Parabolic SAR shows buying pressure in the stock. This could be the start of another up leg for HIMX. Keep an eye for a possible breakout over $9.60. There seems to be a lot of room to run higher here. If you do not have HIMX on your watchlist, now is the time to add it.
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If the weakness continues on Monday and Pandora Media Inc (NYSE:P) breaks the support at $28.2, there will be a good chance that the stock will test the next support at 26.26. However, as long as support holds ($28.2 was the previous breakout resistance level) a reversal is possible. Keep on watch.
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Baker Hughes Incorporated (NYSE:BHI) is setting up for another big run. Lets see if it breaks over $58.83. Long set-up on watch.
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Rosetta Genomics Ltd. (NASDAQ:ROSG) has sold off most of November but looks to have found a bottom last week. The stock closed up 23 cents on Friday on good volume. Let's keep an eye on it as i think momentum will pick up. First upside target of $3
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Superconductor Technologies, Inc. (NASDAQ:SCON) is on the verge of a breakout. This stock could post significant gains from here. Keep an eye for a possible breakout over 2.35
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: ARIA, BHI, HIMX, LXRX, P, ROSG, SCON
