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Wednesday, February 19, 2014 

Stocks to Watch for February 20, 2014

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Advanced Micro Devices, Inc. (NYSE:AMD) After bouncing from the 3.30 support levels the stock is now forming a flag pattern. A break of this consolidation zone could get the stock up to 4.10. The technical indicator MACD is rising indicating a positive bias and the ADX is also supporting the tone.

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IMRIS Inc (NASDAQ:IMRS) is a nice stock which has been trending up nicely. Momentum indicators still pointing up. The stock should test the recent highs and possible new highs in the weeks ahead.

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Quicksilver Resources Inc (NYSE:KWK) continues to perform strongly and appears poised to breakout to new highs. Keep it on watch.

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Netlist, Inc. (NASDAQ:NLST) Broke out to new highs today on high volume. I think we'll see some nice follow through tomorrow.

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China Digital TV Holding Co., Ltd.(NYSE:STV) continues to show strength. Watch the $3.35 level.

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Cubist Pharmaceuticals Inc (NASDAQ:CBST) This still looks pretty good on daily with volume expanding as it moves higher. The stock continues to look bullish and had a good day today. On watchlist no trigger yet. Watching 76.75

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

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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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