Stocks to Watch for November 06, 2015
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Plug Power Inc (NASDAQ:PLUG) is consolidating sideways with the positive bias and is forming a bullish flag pattern on daily charts. It's currently facing strong resistance at the 2.98 level, once clear, PLUG shares should move on to $3.38 in near-term. Key technical indicators continue to show strong positivity supporting the bullish bias. At this point and given the current stock levels, it's important for it to break 2.98 level soon.
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Rambus Inc. (NASDAQ:RMBS) Gap fill candidate to the long side. The MACD is curling up and should soon flash the buy signal. May be next week if not tomorrow, but setting up nicely. On watch.
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Flowers Foods, Inc. (NYSE:FLO) could be flagging. I'm stalking this stock to see if it clears 27.31 w/ volume. Use the rising 20-day EMA as stop-loss.
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CytRx Corporation (NASDAQ:CYTR) Setting up a possible resistance breakout trade. Long over 3.11 (200EMA).
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
