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Monday, June 30, 2014 

Stocks to Watch for July 01, 2014

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BlackBerry Ltd (NASDAQ:BBRY) price broke above the small bull flag formation today by gaining 4.70 per cent with above average volume. It has a short-term target of 10.9 and it could move a lot further given a very strong short-term bullish trend. A strong move above this key horizontal resistance line will pave way for 11.85 or 12.18 in the medium-term.

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J.C. Penney Company, Inc. (NYSE:JCP) is setting up for another run. Lets see if it breaks over $9.55 this week. Long set-up on watch.

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D.R. Horton, Inc. (NYSE:DHI) A potentially break out could occur if price breaks above 25.02.

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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

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 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.

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