Stocks to Watch for March 24, 2016
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Medivation Inc (NASDAQ:MDVN) did make a sharper move upwards during today's market, closing up almost 1% from yesterday's close, after rumors that Sanofi may bid for the company. The stock hit a high of $40.80 for the day, which is resistance for Friday’s follow through move. Keep the stock on your radar since it could make a strong move upwards.
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Flagging here. If SkyWest, Inc. (NASDAQ:SKYW) can break out above $19.88 with heavy volume, I think the stock could shoot up to test $21 area. There looks to be good upside potential, so watch the stock very closely.
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Energy Transfer Partners LP (NYSE:ETP) the daily price chart is showing a symmetrical triangle pattern that can break either to the upside or the down side. Play accordingly.
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Rentech Nitrogen Partners LP (NYSE:RNF) could be in the early stages of a technical breakout. Go long on the break of Thursday’s high at 10.65
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NVIDIA Corporation (NASDAQ:NVDA) hit a new 52 week high and closed above resistance. As long as the stock stays above the rising 20-day EMAs it is still safe to hold long positions.
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
Labels: ETP, MDVN, NVDA, RNF, SKYW
