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Tuesday, January 14, 2014 

Stocks to Watch for January 15, 2014

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I believe that Molycorp Inc (NYSE:MCP) is poised to continue moving upwards. This pullback has probably attracted a lot of traders and investors looking for an opportunity to jump into a stock that took a dip. The trend should resume back up in the very near future.

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Stereotaxis Inc (NASDAQ:STXS) had a nice move on the upside today and closed at $4.96. The stock price is setting up to break out and has one more level to go, which is $5.24. Watch the stock on Wednesday, because once it breaks through, it will run FAST. All indicators are in favor of an upward price movement. Long setup.

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Looks like the "Bulls" are going to win this fight. Just one more push to change the trend. Watching for $1.64 breakout. All indicators are in favor of an upward price movement.

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Pitney Bowes Inc. (NYSE:PBI) is forming a cup-and-handle pattern on the daily chart, indicating a break higher possible. Go long on the break of resistance around 24.1

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Dynavax Technologies Corporation(NASDAQ:DVAX) is consolidating in a bull flag formaiton. If it clears the flag it should head to a new high. Keep it on watch.

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CSX Corporation (NYSE:CSX) Looking good for $29 breakout.

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Novavax, Inc. (NASDAQ:NVAX) New highs on strong volume. Buy on the break of today’s bar high at 6.19.

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.


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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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