Stocks to Watch for November 13, 2014
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Twitter Inc (NYSE:TWTR) broke out of a falling wedge to the upside on strong volume expansion. The stock has a likely target of $44 and it may have the strength to go further. The technical indicators are also turning up from over sold conditions and the MACD indicator looks likely to form its own crossover. Long setup.
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GoPro Inc (NASDAQ:GPRO) has witnessed a steep correction from its high of around 88 and has found a strong support around the $75 area. The stock price made a nice move today and the chart is showing indications that the stock has bottomed out in the short-term. The RSI has reversed the course and the MACD is starting to curl up suggesting that a positive crossover could be coming soon. I would look for a move up to $80.40 resistance soon.
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Lululemon Athletica inc. (NASDAQ:LULU) is setting up for another big run. Lets see if it breaks over $46 tomorrow. Long set-up on watch.
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E Commerce China Dangdang Inc (NYSE:DANG) is on the verge of a breakout. This stock could post significant gains from here. Keep an eye for a possible breakout over 13.45
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Centrus Energy Corp (NYSE:LEU) is on bottom watch. Based on the chart, this stock has declined to the point of becoming a good bottom play, at least a 30% bounce in my opinion. The recent volume and buying action, seems to support this view. On watch.
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: DANG, GPRO, LEU, LULU, TWTR
