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

« Home | Stocks to Watch for March 30, 2016 » | Stocks to Watch for March 29, 2016 » | Stock setups for the coming week » | Stocks to Watch for March 24, 2016 » | Stocks to Watch for March 22, 2016 » | Chart Setups for Week of March 21st, 2016 » | Stocks to Watch for March 18, 2016 » | Stocks to Watch for March 17, 2016 » | Stocks to Watch for March 15, 2016 » | Stocks to Watch for March 14, 2016 » 

Thursday, March 31, 2016 

Stocks to Watch for April 01, 2016

( click to enlarge )

Medivation Inc (NASDAQ:MDVN) looks strong enough to move forward. The stock broke up through the resistance at $42.75 (Declining 200EMA) on huge volume of over 16 Million shares. At this stage, further rally is still possible in next several days. The breakout signals a continuation of the prior advance. Bulls have the near-term technical advantage and gained fresh upside momentum today. Next resistance levels to watch are $48.8 and $52. The stock has the potential for a strong follow through, so watch it closely on Friday.

( click to enlarge )

Bank of America Corp (NYSE:BAC) had a bit of indecision on today's trading session and may be moving lower tomorrow. It's too early to say but the daily technical chart is displaying some bearish divergences on both the MACD and Slow Sto indicating that this stock could reverse course. The short-term uptrend line should be used as stop-loss.

( click to enlarge )

I'm still watching shares of PTC Therapeutics, Inc. (NASDAQ:PTCT) due to the recent price action, volume, and momentum. Despite the general market's weakness, the stock made an impressive turnaround and rallied almost 6% to close the day at $6.44. If the stock closes above $6.70, you could see a big turnaround in this stock.

( click to enlarge )

Infoblox Inc (NYSE:BLOX) remains high on my radar due to the recent run up on volume. The technical chart is still showing buy signal with stock trading above 20,50,100-day exp moving averages and MACD on top of 0. Keep an eye for a possible breakout over $17.30.

( click to enlarge )

Commscope Holding Company Inc (NASDAQ:COMM) The daily technical indicators are displaying good signs. Watching for a breakout soon.

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

Contact

About Me

    Photobucket
  • I'm a 43 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

    RECOMMENDED



    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google