Stocks to Watch for December 30, 2014
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JetBlue Airways Corporation (NASDAQ:JBLU) is consolidating below key resistance in the 15.80 area. A move above this level, would confirm the break of the one-month consolidation. Stops should be set in the 14.32 area.
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BlackBerry Ltd (NASDAQ:BBRY) stock continues to act well in all time frames. Looking at the hourly chart seems to be showing a bullish Inverted Head and Shoulders pattern. A move above 11.07 would confirm the breakout of the pattern, with a target of around 13.10. Initial stop loss is 10.57.
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First Solar, Inc. (NASDAQ:FSLR) From a technical standpoint the stock seems to be bottoming out out after a long downward slide. I know that it is too early to say for certain but looking at the daily chart above is very likely. The MACD continues to show positive divergence to the price and the RSI is near the 50% level. The stock is now basing in the $45's before the next move up.
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
