Stocks to Watch for Aug 29, 2014
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Bitauto Hldg Ltd (NYSE:BITA) has been pulling back from recent highs in the last sessions. Let's see if the bulls can hold support at the 85 area.
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Vipshop Holdings Ltd (NYSE:VIPS) ended the trading session at 208.96, slipping down by 2.41% with nearly 1 million shares traded. The stock shows flat trend w/ a negative bias by slipping below all short-term EMA's. Key indicators on daily charts suggest continuation of weakness. The stock is likely to test immediate support at 202.
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Endocyte, Inc. (NASDAQ:ECYT) chart is showing a solid bottom formation on daily and the stock looks positioned to break out of this pattern. The volume was high today and I suspect this could be the start of a new rally. Stay tuned.
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CARBO Ceramics Inc. (NYSE:CRR) Potential bottom play. If it clears 111.25 (EMA20) on volume, go long with a stop at 100.
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
