-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Stocks to Watch for May 19, 2014 » | Stocks to Watch for May 16, 2014 » | Stocks to Watch for May 14, 2014 » | Stocks to Watch for May 13, 2014 » | Stocks to Watch for May 12, 2014 » | Stocks to Watch for May 09, 2014 » | Stocks to Watch for May 07, 2014 » | Stocks to Watch for May 06, 2014 » | Stocks to Watch for May 05, 2014 » | Stocks to Watch for May 02, 2014 » 

Monday, May 19, 2014 

Stocks to Watch for May 20, 2014

( click to enlarge )

InterDigital, Inc. (NASDAQ:IDCC) seems to be forming an ascending triangle with resistance at 35.72. A breakout could happen at any time as we are currently near the apex.

( click to enlarge )

North American Palladium Ltd (NYSEMKT:PAL) closed today at $.26 on solid volume, the stock was trading as high as $.96 back in January and it appears that a massive potential bounce could be imminent. The MACD indicator is displaying a positive divergence in this time frame. There was a steady increase in volume towards the end of the day, leading me to believe this company is starting to attract some serious attention. Stay tuned.

( click to enlarge )

Aruba Networks, Inc. (NASDAQ:ARUN) closed above major EMAs, including the 50-day EMA around 19.63. The RSI has just reversed off the 50% line and the MACD had a positive crossover. These two indicators along with the rising STO is signalling that smart money has started to re-enter the stock. The immediate resistance level is located at $20 followed by $20.46.

( click to enlarge )

I strongly believe that VirnetX Holding Corporation (NYSEMKT:VHC) is at the perfect price, where positive news could send this stock on a big run. Volume is starting to pick up again and there could be a decent short squeeze if it clears the 50EMA at 14.97. Shareholders may remain invested with a stop-loss at $13.

( click to enlarge )

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) The stock rallied with the market today but the bounce stalled at 7.16, which is the top of the basing formation. Short-term technical indicators are improving and the MACD on the daily chart shows a possible bullish crossover. Right now, the stock looks like it could really get some momentum if it could get over 7.16. If the stock can break above this level, it's worth a trade. HIMX will move very quickly, so keep a very close eye on the stock.

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.


Labels: , , , ,

Bookmark and Share


About Me

  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

  • Benzinga.com supporter

    Benzinga.com supporter


      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal


      Interested in advertising on AC Investor Blog ? Click Here


    Site Information

    Stock Market Blogroll

    Friends BLOGROLL


Powered by Blogger
and Blogger Templates

Add to Google