Stocks to Watch for Aug 12, 2014
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Tesla Motors Inc (NASDAQ:TSLA) showed buying strength all day. Waiting for a break above the 265 level for a long position. Short-term investors can hold the stock as long as it trades above $240
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Pandora Media Inc (NYSE:P) shares surged today amid takeover speculation. The stock closed at 26.38, up 4.23 per cent, with volumes of 11.6 million shares. I expect to see a strong upside move if the stock can break and close above the 27.15 level. Watch the stock closely on Tuesday.
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VirnetX Holding Corporation (NYSEMKT:VHC) looks like the stock is starting to turn back up and indicators are giving the first bullish signs. I am looking to see this stock re-test its June highs shortly. Looking at the technical chart the MACD has just cut above its signal line and the RSI is ready to break 50% level while rising. In addition, +DI is above –DI and ADX is beginning to bottom out. Keep this on your watchlist because the overall market sentiment on VHC is pretty bullish right now.
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Infoblox Inc (NYSE:BLOX) is starting to make a move to break through the top of its range. This is a good stock to watch and once it breaks through $12.58 on a close basis, it should move. The MACD is increasing and the stock has regained its position above the 20-day EMA. The nearest trend is in favour of Bulls and the stock price has room to go higher. Watch BLOX closely on Tuesday.
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RDX Technologies Corp (CVE:RDX) is looking attractive at current levels. Bottom's in IMO, expecting spike soon. The stock looks to have hit bottom in the 20c level showing huge bid support. I bought some shares today.
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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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BlackBerry Ltd (NASDAQ:BBRY) The daily chart shows a falling wedge developing since the 11.65 high, that generally resolves in a breakout to the upside. So watch this pattern closely. If the stock breaks, get on board for a big up move.
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: BBRY, BLOX, P, RDX.V, TSLA, VHC
