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Himax Technologies, Inc. (NASDAQ:HIMX) looks to have bottomed technically. The stock is beginning to make a move higher and looks like it is gonna squeeze some shorts here. The MACD has just flashed a buy signal recently and RSI is also gaining strength. With a combination of good earnings, an Outperform rating from Baird and a high volume, i think we could see a nice bounce over the next few days.
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BlackBerry Ltd (NASDAQ:BBRY) good relative strength compared to the market today. If the stock can break through $7.68 resistance, we should see another strong upside move. Any break of that resistance (100-day EMA) will come as an indication of a short-term bottoming. BBRY will move very quickly, so watch the stock closely tomorrow.
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Liberty Media Corp (NASDAQ:LMCA) broke through resistance at $41.54, but was not able to gather must momentum. Wait a clear confirmation.
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JetBlue Airways Corporation (NASDAQ:JBLU) looks like this stock has a good chance to continue higher and a buy could be made as it moves over $27. If this happens, JBLU is a good play.
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Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) Resistance Breakout. Go long on the break of Thursday’s high at 11.07
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.
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AC
Labels: BBRY, HIMX, JBLU, KLIC, LMCA