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Vale SA (NYSE:VALE) Rallied nicely today on strong volume. If it clears back over 14.21 (50-day EMA), may have some good upside. Some technicals are turning up here.
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Baker Hughes Incorporated (NYSE:BHI) has been consolidating in the 56.5-57 area. This stock remains on alert for a breakout. 57.34 is the first line of resistance followed by 58.57. Buy stop set.
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RF Micro Devices, Inc. (NASDAQ:RFMD) has consolidated well around 5.50 levels for several sessions. Watch for break above consolidation area and go long.
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Yongye International, Inc (NASDAQ:YONG) may be setting up to make new highs. Next buy area is when the stock clears 6.63 on heavy volume. Stop 6.47
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Penn West Petroleum Ltd (NYSE:PWE) looks like it may have found a bottom already, keep on watch.
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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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AC
Labels: BHI, PWE, RFMD, VALE, YONG