Stocks to Watch for June 17, 2014
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AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) broke out in a big way today on massive volume. The heavy buying makes this an interesting situation and one worth watching on Tuesday. I believe we will see some nice follow through. I would look for a move up to $1.6 resistance tomorrow. If it passes that, there is very strong resistance at $1.96 coming up next.
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Twitter Inc (NYSE:TWTR) closed above the 50-day EMA for the first time since March and has confirmed my previous analysis. From here, we can expect a run up to the 40s and from there we could see an explosive upsurge to $47 and better. Stay tuned.
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Analog Devices, Inc. (NASDAQ:ADI) looks to be forming a bullish flag here. Buy point is on the day it breaks 56.18 on heavy volume.
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Potash Corp./Saskatchewan (NYSE:POT) has formed a strong bullish candle on daily chart. Keep a close eye on this one tomorrow, looks ready to break out into new high territory.
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Tesla Motors Inc (NASDAQ:TSLA) had a very bullish move today breaking several resistance lines with large volume. With the MACD turning up and above its signal line, this stock could post a nice rally from current levels.
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: ADI, AVEO, POT, TSLA, TWTR
