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Thursday, January 09, 2014 

Stocks to Watch for January 10, 2014

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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) made a nice bounce off its 50-day EMA today and gained more than 4% on solid volume. It is been consolidating gains for nearly 2 weeks. The stock price looks to be setting up for a move higher here. Keep it on watch.

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NQ Mobile Inc (NYSE:NQ) is looking like a good bounce play for tomorrow. There are many supports at these levels between 13.31/13.89 and the stock reacted very positively today. This is very constructive price action, as it pulls back on lighter volume.

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Hilltop Holdings Inc. (NYSE:HTH) Looks like it is getting ready for a breakout soon. Buy area when clears $24.05 on heavy volume.

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WidePoint Corporation (NYSEMKT:WYY) Worth eyeing. Bounced off its 20-day EMA and looks poised to break this Bull Flag Formation. Go long when it breaks the upper band. Keep this one on watch list.

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Delcath Systems, Inc. (NASDAQ:DCTH) had a strong surge on BIG volume today. The stock price is inching closer and closer to another breakout move. Buying momentum is still positive and strengthening. Long setup.

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Tesoro Corporation (NYSE:TSO) I'm stalking this stock to see if it clears 59.57

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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.

AC

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  • 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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