Stocks to Watch for January 05, 2016
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Sunedison Inc (NYSE:SUNE) made a strong move up today, closing with a bullish engulfing candle on solid volume. Next buy area is when the stock clears the declining 50-day EMA on heavy volume. Daily technical indicators are looking bullish.
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FireEye Inc (NASDAQ:FEYE) closed above the 20-day exp moving average today for the first time since July. If the gain can be sustained, we could expect more upside. Daily technical indicators are turning bullish. The MACD indicator is rising in negative zone. Slow stochastic & RSI have moved above their respective 50% levels. Immediate resistance 22.50
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3D Systems Corporation (NYSE:DDD) rose $1.14 today to $9.83, the biggest one day gain in 8 weeks. Some technical indicators are starting to point north. Go long on the break of Monday’s high at 10.15.
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Chesapeake Energy Corporation (NYSE:CHK) Strong Bullish day. Nice break from a short term consolidation. Watch for a follow-through day and be sure to set a stop just below the rising EMA9.
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
