Stocks to Watch for April 08, 2014
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Zynga Inc (NASDAQ:ZNGA) continues to hold its major support line. With the technical indicators oversold, we could see a rebound in the next days. Immediate resistance is seen around 4.38 (9EMA). A clear break and close above that level could lead price to 4.69.
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Netflix, Inc. (NASDAQ:NFLX) looks like another potential bounce play here. Still holding the 200-day EMA. The immediate resistance is 348/350 levels, followed by 358.15, while 331.11 is immediate support, followed by 320.
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Blackwood Capital Management reported today a 5.4% stake in Body Central Corp (NASDAQ:BODY). The price movement in the last couple of days indicates that the stock has formed a short-term bottom. The stock has a gap to fill with a target of $1.56. Trend indicators are turning up.
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Cincinnati Bell Inc. (NYSE:CBB) Nice price movement on solid volume today. Next buy point when it clears 3.75 on heavy volume.
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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
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
