Stocks to Watch for May 23, 2014
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Sky-mobi Ltd (NASDAQ:MOBI) recently broke out of a falling wedge and today closed back above its 50-day exp moving average for the first time in five weeks. The stock is now trading above all the major EMAs and the MACD indicator indicates a potential upside. The price can move up to $8.35-$8.4 in the short-term.
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National Bank of Greece (NYSE:NBG) Possible bottom play here. I went long at 3.12 with a stop loss at 2.81
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Walgreen Company (NYSE:WAG) The stock price has been trading a very tight range for a few days right up at resistance. If it clears the key resistance level at 70.69 the move may be powerful.
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Starbucks Corporation (NASDAQ:SBUX) looks like this stock has a good chance to continue higher and a buy could be made as it moves over $72.29. If this happens, SBUX is a good play.
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The area comprehended between $8.6 and $8.73 represents a heavy resistance for shares of Opko Health Inc. (NYSE:OPK). A close above this area would have positive implications and could drive the stock much higher. Keep the stock on your radar.
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: MOBI, NBG, OPK, SBUX, WAG
