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Tuesday, December 02, 2014 

Stocks to Watch for December 03, 2014

As you know the stock market is not for beginners. It takes years of skill, experience, foresight and intense determination to succeed. However, there are some tools on the web that can give the newbies a small advantage, by getting the latest news and alerts in real-time. Benzinga Pro is the answer for you. It’s a streaming platform with all the information you need to invest better today. They provide timely and actionable trade ideas that help users navigate even the most uncertain and volatile markets to make accurate investment decisions. From breakouts, analyst ratings, earnings calendar, economic indicators, option alerts of unusual volume, Benzinga is definitely the leading full-service, one-stop shop for investors/traders of all stripes and styles. They are really good. I know this text is a little bit long, but it's just my testimonial. Sign up to receive a risk-free trial: Benzinga Professional

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Digital Ally, Inc. (NASDAQ:DGLY) had a very nice day breaking out above the $16.05 level on massive volume and closing the day gaining over 46%. Today's volume was what you want to see when a stock breaks resistance. Watch for a follow through move on Wednesday.

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OncoGenex Pharmaceuticals Inc (NASDAQ:OGXI) is on the verge of a Big breakout. The stock had a very strong day closing up 21 cents on 4x normal daily volume and the technical chart is showing indications that the stock has bottomed out in the short-term. RSI has reversed the course and stock finally closed above its 20-day exp moving average, a strong bullish signal. In addition, the MACD is rising and about to cross over the zero line. It could post significant gains from here. Keep an eye for a possible breakout over 2.35. If stock breaks that area then the stock can head to $3.

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I've alerted about the potential upside movement in ImmunoCellular Therapeutics Ltd (NYSEMKT:IMUC) shares yesterday and today to all my twitter followers at 74c. The stock has come up to my expectations as it was among the top gainers of Nasdaq and closed up 40 percent at $1, trading more than 4.7 Million shares. These gains are really significant and represent a substantial profit for my twitter followers.

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Image Sensing Systems, Inc. (NASDAQ:ISNS) Starting to look strong again. Momentum indicators are bullish with the RSI inching away above the middle level and with the MACD crossing above zero. Any close above $3.50 could lead to a substantial gain in shares.

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BlackBerry Ltd (NASDAQ:BBRY) made a nice upside reversal on good volume. The technical daily chart above suggests that stock might find now resistance at $10.88 then 11.17. Only a close above this level would suggest further upside. I believe the stock is due for recovery as %K line has crossed on top over %D line and the RSI is curling up.

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DDR Corp (NYSE:DDR) Over 18.57 for a breakout trade.

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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