Stocks to Watch for April 24, 2014
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Shares of Insmed Incorporated (NASDAQ:INSM) rose 3.35% to $14.51 per share following some bullish comments from Piper Jaffray's Dr. Joshua Schimmer. He reiterated the Overweight rating and raised its price target to $51.00, that's a huge premium versus today's closing price. I went long at 14.55.
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Quest Rare Minerals Ltd Common Shares (NYSEMKT:QRM) closed today at 48c, the stock was trading as high as 70c back in March and it appears that a massive potential bounce could be in the cards. The stock has already started its uptrend and has added nearly 10% to its recent low. The stock's MACD has just crossed above the signal line alerting everyone that QRM has momentum back on its side. This play is clearly on the move.
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Goldman Sachs Group Inc (NYSE:GS) could be in the early stages of a technical breakout. Technicals are showing bullish signals supported by rising MACD and RSI on the daily charts.
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Superior Energy Services, Inc. (NYSE:SPN) Keep an eye for a possible breakout over $32.91 The technical daily chart still showing a bullish bias.
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Costco Wholesale Corporation (NASDAQ:COST) Bullish engulfing bar, more upside to come. At this point, the bias is on the upside as long as the 113.41 minor support holds.
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Encana Corporation (NYSE:ECA) looks like it is forming a bullish consolidation. Next buy area when clears 23.54 on heavy volume.
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: COST, ECA, GS, INSM, QRM, SPN
