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QR Energy LP (NYSE:QRE) broke out to a new all-time high today accompanied by a good volume suggesting higher levels. The stock price has been in a nice uptrend for the last three months and it looks very strong with both 50-day and 200-day exp moving averages going up. QRE is a stock to keep an eye on for awhile.
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Gold Resource Corporation (NYSEMKT:GORO) good relative strength compared to the sector. Look for break above $6.24 to enter longs.
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Best Buy Co Inc (NYSE:BBY) Long set-up on watch. Lets see if it breaks over $32.24 this week.
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Tekmira Pharmaceuticals Corporation (NASDAQ:TKMR) Bull flagging above the breakout area. September $25 calls saw some action today as 1258 contracts were purchased on open interest of 5387.
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Schlumberger Limited. (NYSE:SLB) Watching for $110.50 breakout. All indicators are in favor of an upward price movement.
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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) closed today's trading session at 6.22, inching up by 5% with the stock attracting more than 11 million shares. ARIA shows signs of a trend reversal. Trajectories of momentum indicators on daiy charts also suggest uptrend for the stock. Next major resistance lies at 6.42 (EMA100)
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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.
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AC
Labels: ARIA, BBY, GORO, QRE, SLB, TKMR