--Financial Tools ---Futures Market---ADD HERE LINK-- OPTION ALERTS --BENZINGA--

« Home | Stocks to keep an eye on January 16, 2015 » | Stocks to keep an eye on January 14, 2015 » | Stocks to keep an eye on January 13, 2015 » | Stocks to keep an eye on January 12, 2015 » | 6 stocks to keep an eye on January 9, 2015 » | Stocks to keep an eye on January 8, 2015 » | 5 stocks to keep an eye on January 7, 2015 » | Stocks to Watch for January 6, 2014 » | 7 stocks to keep an eye on January 5, 2015 » | 6 stocks to keep an eye on January 2, 2015 » 

Saturday, January 17, 2015 

8 stocks to keep an eye on January 20, 2015

( click to enlarge )

Baytex Energy Corp (NYSE:BTE) The stock price has given a trend line breakout on daily chart on closing basis, which confirms the bull trend in the short-term heading for immediate target of 17.14-18 levels. Plus, closed above the 20-day exponential moving average for the first day since September 2014, a good sign for the bulls. Oscillators like RSI and MACD too supports bullish momentum.

( click to enlarge )

Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) The stock has been trading in a consolidation range last four weeks and finally witnessed a technical breakout on the daily chart, which confirms the bull trend in the prices. The RSI too indicating a break from the horizontal trendline, which adds to the short-term bullish view. Next major resistance lies at 48.73 (200EMA).

( click to enlarge )

Novavax, Inc. (NASDAQ:NVAX) stock has witnessed a major break above the horizontal resistance at 6.50 on closing basis, which confirms the bullish move ahead. Plus, the breakout volume was also high as you can see on the chart. Oscillators such as MACD is very bullish and indicates further uptrend. The long-term resistance is at $6.95 (February 2014).

( click to enlarge )

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) continues consolidating just above the 200-day EMA. The overall chart pattern for the stock remains bullish. As long as the stock stays above 4.70 horizontal support, we would stay away from short positions. Any retest of this level should be used to initiate longs.

( click to enlarge )

FireEye Inc (NASDAQ:FEYE) Looking at the technical chart above the stock bounced off the 100-day EMA of the recent bull move. CMF still positive, so my bias is Bullish. RSI is showing positive divergence. Short-term investors can hold the stock as long as it trades above this support.

( click to enlarge )

International Paper Co (NYSE:IP) A new buy signal was given yesterday. The stock broke the bullish flag formation on daily chart and i believe that the stock will continue to rally. Plus, MACD also crossed above the signal line. Long setup.

( click to enlarge )

FedEx Corporation (NYSE:FDX) has broken out of a downtrend line that represented a pause in its October rally from 148.64 to 183.30. Plus, the technical indicator MACD also flashed a new buy signal. Watch for a possible move next into the 180 zone.

( click to enlarge )

Citigroup Inc (NYSE:C) History could repeat itself if the stock holds the $46 level in the coming days. Friday's close could have marked a bottom. This could be the start of a bounce like we had in February of 2014 and the extreme oversold conditions will also help. As i said on twitter, i went at 46.90.

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: , , , , , , ,

Bookmark and Share

Contact

About Me

    Photobucket
  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 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.

  • Benzinga.com supporter

    Stockal supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    RECOMMENDED



    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google