Stocks to Watch for November 5, 2014
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Ready to return to previous highs ? CNET is currently priced $2.07 and this stock was trading over $3.5 for weeks in September. After a strong pullback from the September high at $4.06, the stock is once again showing signs of starting a new uptrend. And the good news here is that the MACD has stabilized above zero line and is about to cross above its signal line. This momentum could push the stock upwards. Looks to be sitting in the sweet spot again !
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Possible resistance breakout trade setting up on Baidu Inc (NASDAQ:BIDU). Good long setup if it takes out the 243 area on volume.
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Keurig Green Mountain Inc (NASDAQ:GMCR) is still coiling just under $155 and appears about ready to make a new breakout soon. Hold the stock with a stop at $144.53 (EMA20).
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YY Inc (NASDAQ:YY) has formed a resistance around the 84 area. Watch to buy on a break above this key resistance level. Momentum indicators are rising on daily charts.
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SINA Corp (NASDAQ:SINA) has held support at the 40 level and is displaying a screaming buy divergence on the upside. A close above 41.50 will impart bullishness and will help the stock move to the 43 area.
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: BIDU, CNET, GMCR, SINA, YY
