Stocks to Watch for June 04, 2014
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Las Vegas Sands Corp. (NYSE:LVS) Today the stock price broke down from a bear flag formation on higher volume. I took a short position shortly before the close. From a technical standpoint, the most likely near-term scenario is a re-test or break of its 200-day EMA at 72.66.
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Netflix, Inc. (NASDAQ:NFLX) Looks like a Shooting Star candle on daily chart which is normally a bearish signal.
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Keep a close eye on First Solar, Inc. (NASDAQ:FSLR) and go long when it clears 50-day EMA on volume.
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Level 3 Communications, Inc. (NYSE:LVLT) The stock is showing negative bias for the short-term. On the daily chart, today's candle closed below the 20-day exp moving average for the first time since in the last five weeks, increasing the possibilities for the continuation of the correction.
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Hemispherx BioPharma, Inc (NYSEMKT:HEB) was up over 4% today on breaking news. The company announced today that the University of Texas Medical Branch confirms activity of Alferon N against MERS virus. The stock has shown the ability to make large moves in a small amount of time, so keep this on your watch for long opportunities. The stock is on the verge of breaking out and it could happen very soon. The volume dramatically increased as the stock ran to near its major resistance, showing me there are buyers watching the stock. Stay tuned.
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: FSLR, HEB, LVLT, LVS, NFLX
