Stocks to Watch for April 09, 2014
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The Coca-Cola Company (NYSE:KO) Poised to clear this key resistance area. Keep on watch for the break on volume and go long. From a technical standpoint, indicators are beginning to turn bullish. The MACD indicator has crossed above its signal line and RSI has moved above its 50% level. Additionally, the stock is trading above its major EMAs. Breakout watch over 39.03
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Eagle Bulk Shipping Inc. (NASDAQ:EGLE) On the daily chart this one looks great. Let’s see whether the stock can gather enough momentum to break through $4.70. Any close above this key resistance level will lead us towards the higher targets of 5.04 and 5.48.
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Alpha Natural Resources, Inc. (NYSE:ANR) broke the downtrend line, but there is a lot of resistance at the $5 area. Only a close above that could restore bullish hopes again.
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RF Micro Devices, Inc. (NASDAQ:RFMD) good relative strength compared to the market. Next buy when clears 8.21 on heavy volume.
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RadNet Inc. (NASDAQ:RDNT) Daily chart is in "parabolic" mode combined with extreme overbought conditions. I wait for a pullback to initiate a new position.
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
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
Labels: ANR, EGLE, KO, RDNT, RFMD
