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Monday, October 06, 2014 

Stocks to Watch for October 07, 2014

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Verizon Communications Inc. (NYSE:VZ) Looks like the stock is getting ready for a breakout soon. A high volume move through the 50.38 price level would be buyable. Momentum indicators on daily chart also suggest the continuation of northbound trajectory for the stock.

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Infosys (NYSE:INFY) Watching over 61.63 for 62.16 breakout. Looking at the technical chart the stock continues to maintain positive outlook by convincingly holding above all EMAs.

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Verint Systems Inc. (NASDAQ:VRNT) has steadily appreciated in value the last few trading days. Lets see if it breaks over $57.08

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MELA Sciences Inc (NASDAQ:MELA) could be setting up for an impressive bounce at current levels. Positive divergences abound on the daily chart. Thin name.

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GoPro Inc (NASDAQ:GPRO) is in the process of re-testing its all-time highs. Accumulation on this stock remains elevated even after the recent pullback. Use the 50-day EMA as the stop loss.

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

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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