Stocks to Watch for Aug 13, 2014
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Castle Brands Inc (NYSEMKT:ROX) Nice price movement on solid volume today. Looks ready to break this key resistance area to the upside. Next buy when it clears 1.14 on heavy volume. Stop loss should be located at 99c
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Twitter Inc (NYSE:TWTR) is still holding up well here and the stock has a chance to move higher. I will be watching the stock on Wednesday for a continuation move through Tuesday’s highs of $44.72. A retest of 48 seems very likely.
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I have AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) on my watchlist once again. The stock has found double bottom and bounced last week starting a new bullish uptrend. Slow Stochastic is turning up and the MACD is forming a base for a sustained rally. With the recent earning news ("Ended Q2 2014 with $64.9 million in cash, cash equivalents and marketable securities"), the stock has all the potential to become a classic bounce play. Stop $1
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Tesla Motors Inc (NASDAQ:TSLA) Stalking. Watching 265 area for a squeeze.
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Silicon Motion Technology Corp. (NASDAQ:SIMO) broke out to new highs on high volume. The uptrend is intact and signals further bullishness on this stock.
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Maxwell Technologies Inc. (NASDAQ:MXWL) I suggest you keep this stock on your radar, may break this resistance area and fill the gap.
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: AVEO, MXWL, ROX, SIMO, TSLA, TWTR
