Stocks to Watch for December 18, 2013
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Groupon Inc (NASDAQ:GRPN) Nice looking setup. The stock price needs to take out $11 in order to convince bullish buyers at these levels. The technical daily indicators are looking bullish and all major EMAs are rising and the stock price is trading above them. The bulls are in control.
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Seagate Technology PLC (NASDAQ:STX) Finally broke out from a flag pattern on the daily chart. Buy on the break of the today's candle high at 53.64 or wait for a pull back.
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Citigroup Inc (NYSE:C) Possible bounce trade setup here. Look for a bounce off the key support level around $50.5 in order to get long.
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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) Technical daily chart displays a potential bullish cup-and-handle bottom formation. A lot of room to go higher. This stock should be on your watchlist.
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Tesla Motors Inc (NASDAQ:TSLA) Starting to look strong again. Momentum indicators are bullish with the RSI inching away above the middle level and with the MACD crossing above zero. Any close above $153 could lead to a substantial gain in shares.
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Rackspace Hosting, Inc. (NYSE:RAX) broke a key resistance level today on solid volume, pointing the way for further move up.
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, C, GRPN, RAX, STX, TSLA
