Stocks to Watch for October 20, 2015
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E Commerce China Dangdang Inc (ADR) (NYSE:DANG) has been in an bullish consolidation pattern in the 6.5-7 trading range over the past 2 weeks. A break of the $7 level could result in an acceleration to the upside with next target seen at 8.06.
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Keep a close eye on Plug Power Inc (NASDAQ:PLUG) tomorrow. The stock looks right on the verge of a breakout. The key resistance is located at 2.59, a break and close above this level will confirm the new bullish trend and the following uptrend will take price up to $3 zone.
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Sunedison Inc (NYSE:SUNE) It looks like the consolidation is coming to an end. A break of this flag/pennant pattern could move the stock towards the $10 level. Watching for $9.50 breakout. Moves of key indicators on daily charts suggest continuation of positive bias for the stock.
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Whole Foods Market, Inc. (NASDAQ:WFM) stalking as a potential swing long above 34.50
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RADA Electronic Ind. Ltd. (NASDAQ:RADA) made a nice upside reversal today. The daily technical chart above is displaying a screaming buy divergence on the upside (MACD and MFI rising) Expect an initial run up to 87c with a break higher moving to the 1.05 zone.
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Gevo, Inc. (NASDAQ:GEVO) looks poised to break a downtrend line on the daily chart established in July. It has a big resistance range at 2.23/2.25, which is where we need it to break to make a big move. Keep an eye on it for a possible breakout.
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
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, GEVO, PLUG, RADA, SUNE, WFM
