Stocks to Watch for December 09, 2013
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Tripadvisor Inc (NASDAQ:TRIP) seems to be consolidating within an ascending triangle pattern and looks great on the daily. A break out over 90.43 on heavy volume is a buy for TRIP. Stop 82.15
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Himax Technologies, Inc. (NASDAQ:HIMX) seems to be forming here a possible cup and handle formation ( The bigger white arc is the cup and the smaller white arc indicates the possible handle ). This is a typical bullish pattern and the stock price potential is on the upside. The stock must close above the neckline at 11.5 (White horizontal line ) on heavy volume in order to confirm the pattern.
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Sangamo Biosciences, Inc. (NASDAQ:SGMO) looks good here for further upside. The next buy point is when the stock price crosses 13.2 on heavy volume.
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Molycorp Inc (NYSE:MCP) has pulled back on lower volume the last couple of days and is now near the break out pivot of around $4.80. Based on the technical chart above, this offers a good buying opportunity with lower risk. Stop 4.49
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General Mills, Inc. (NYSE:GIS) had a strong bullish candle on the last trading day of the week on decent volume. Looks ready to breakout next week. Watching 51.66
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Huntsman Corporation (NYSE:HUN) stock price has been consolidating sideways for weeks and seems to be forming an ascending triangle chart pattern. Once the stock price closes above the resistance line w/ heavy volume, 25 is easily achievable IMHO Stop 22.1
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Riverbed Technology, Inc. (NASDAQ:RVBD) The Golden Cross EMA50/200 is about to occur .Good indicator of next phase. I see the stock price on verge of breaking up out of compression. The Golden Cross is the strongest bullish technical indicator. On watch.
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: GIS, HIMX, HUN, MCP, RVBD, SGMO, TRIP
