Stocks to Watch for May 02, 2014
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OXiGENE Inc (NASDAQ:OXGN) broke out of a consolidation pattern today. It's time to be Bullish again on stock. MACD and RSI returned to the Bullish area. If shares can break the $3.60 mark then bulls should be able to target a move to $4. Stay tuned on her.
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Alcoa Inc (NYSE:AA) is setting up nicely to break into all time highs. Buy point would be on the day it blows through $13.70 on heavy volume.
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AOL, Inc.(NYSE:AOL) confirmed my previous analyse. The stock crossed above its 50-day EMA with the relative price strength increasing. When a stock raises above its moving averages it means that it has broken its short-term trend. This is a strong bullish signal. From here we can expect a run to the $46 area and from there we could see an explosive upsurge to $50 and better.
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BlackBerry Ltd (NASDAQ:BBRY) broke decisively above its 20 day EMA today and should test the 50-day EMA (currently at $8.23) very soon. Technical daily chart shows bullish sign with %K line on top of %D line and MACD on top of signal line.
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VeriFone Systems Inc (NYSE:PAY) had a strong day and broke through its resistance line of one month correction. The volume confirmed the breakout, as it was greater than average. Look for PAY to test the prior highs of March.
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: AA, AOL, BBRY, OXGN, PAY
