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Wednesday, December 11, 2013 

Stocks to Watch for December 12, 2013

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Pandora Media Inc (NYSE:P) peaked at 31.94 in November and has been in a correction mode since then. At this moment conditions remain favorable for long-term investors but any close below the 50-day EMA will not be a good sign.

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Globalstar, Inc. (OTCMKTS:GSAT) is setting up nicely to break into new highs. Buy point would be on the day it blows through $1.84 on heavy volume.

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Shanda Games Limited (NASDAQ:GAME) this stock price is trapped between the major moving averages. Watch for the break to indicate direction of the next major move.

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Gramercy Property Trust Inc (NYSE:GPT) had a strong surge a few weeks ago and has been consolidating that move since then. Watch for a break above the consolidation area and go long.

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Greenhill & Co., Inc. (NYSE:GHL) looking good. Volume is picking up again. Next buy area is when it clears 56.2 on volume.

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Himax Technologies, Inc. (NASDAQ:HIMX) Still Holding. The stock price is gearing up for its next leg higher. Breakout watch over 11.50

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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.


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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.

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