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AOL, Inc. (NYSE:AOL) Showed strength on a red day. The stock has crossed its medium term resistance at $43.37 (100EMA) with strong volume. Technical indicators are beginning to turn bullish. The MACD is rising above its signal line and the RSI has moved above its 50% level. A move above $46 opens the door to $50.
I'm Bullish at this point.
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Shares of Mitel Networks Corporation (NASDAQ:MITL) made a new 52 week high today closing at $10.74 on decent volume. The stock hit a high of $10.75, which is now resistance for Thursday’s continuation move. If the stock can break through resistance, we should see another strong upside move. MITL will move very quickly, so watch the stock closely on Thursday.
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Hudson City Bancorp, Inc. (NASDAQ:HCBK) flagging in the 9.80 area. Watch for a move above 9.98 to break the stock out.
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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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Labels: AOL, HCBK, MITL