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

« Home | Stocks to Watch for February 9, 2016 » | Potential Trade Setups for the week ahead » | Stocks to Watch for February 4, 2016 » | Stocks to Watch for February 3, 2016 » | Stocks to Watch for February 2, 2016 » | 9 chart setups for the coming week » | Stocks to Watch for January 29, 2016 » | Stocks to Watch for January 27, 2016 » | Chart Setups for Week of January 25th, 2016 » | Stocks to Watch for January 21, 2016 » 

Wednesday, February 10, 2016 

Stocks to Watch for February 11, 2016

( click to enlarge )

Chimerix Inc (NASDAQ:CMRX) not only broke the descending channel pattern on the Hourly chart, it also managed to reach the 7.35 area Today. Technical indicators are starting to turn north now. The chart sure shows a possible reversal in trend coming. A breakout beyond $7.35 will take the price to $7.90. Hold the stock with a stop below its recent low at $6.15.

( click to enlarge )

Plug Power Inc (NASDAQ:PLUG) showed relative strength today and ignored the market pullback in the final hour. Price appears to be forming a falling wedge, which may lead to a bullish breakout and reversal of the recent downward trend. On watch.

( click to enlarge )

Cadence Design Systems Inc (NASDAQ:CDNS) closed back over the 200EMA and the volume was good. It looks like an upside breakout could be around the corner as the stock completely turned around from Thursday's negative price action. The immediate support level is now adjusted to $19.8 followed by $19.48 and the resistance continues to be located at $20.96 followed by $21.43. The short-term trend is positive as the stock is trading upwards along with both 9EMA and 13EMA.

( click to enlarge )

Republic Airways Holdings Inc. (NASDAQ:RJET) Setting up a possible resistance breakout trade. Long over 2.22

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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

Photobucket Contact

About Me

    Photobucket
  • I'm a 41 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

    QUOTES

    RECOMMENDED

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google