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Thursday, December 19, 2013 

Stocks to Watch for December 20, 2013

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Athersys, Inc. (NASDAQ:ATHX) The stock price is showing signs of an upcoming breakout as price action and volume are making some bull signals here. All technical indicators appear to be setting up for a nice bullish move. Maxim Group maintains the stock with a "Buy" rating and raised today the price target from $6.00 to $10.00.

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Venaxis Inc (NASDAQ:APPY) looks great on daily charts. The good news, however is that stock price is getting closer to a major breakout.

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DryShips Inc.(NASDAQ:DRYS) Breaking out to the upside from its recent consolidation. I expect to see a continuation move on Friday. Next resistance lies at $4

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Activision Blizzard, Inc. (NASDAQ:ATVI) has become increasingly bullish and is currently consolidating in an attractive pattern. Should breakout hard to upside when it crosses over $18.43. I think we are going to $20 very sson.

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Apollo Education Group Inc (NASDAQ:APOL) appears to be headed towards the target zone of 27-27.5 in the short-term. Hold with a stop-loss at $24.80. The recent increase in trading volume and rising accumulation/Distribution line suggests buyers are accumulating stock.

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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.

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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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