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Wednesday, March 16, 2016 

Stocks to Watch for March 17, 2016

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BlackBerry Ltd (NASDAQ:BBRY) reversed and closed back above the 200-day exponential moving average, wich is a positive sign. The stock has been consolidating in a bullish flag formation. If breakout occurs we could see momentum toward 8.36

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Park Sterling Corp (NASDAQ:PSTB) is possible trend reversal trade if it breaks 6.70 resistance area.

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I'm watching CyrusOne Inc (NASDAQ:CONE) for a possible breakout from current consolidation.

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Web (NASDAQ:WEB) closed with a strong bullish engulfing candle. So, tomorrow if it breaks prior high the stock could see a nice trade up to 100-day exponential moving average around 19.72

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Xinyuan Real Estate Co., Ltd. (NYSE:XIN) is potential breakout trade above 4.50 resistance area.

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Tesco Corporation (NASDAQ:TESO) A move above this horizontal resistance could lead to another wave toward 10 zone. On watch.

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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

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  • 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.

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