Stocks to Watch for March 29, 2016
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We finally got the breakout in General Electric Company (NYSE:GE). Shares rallied past resistance of $31.24 and hit my trigger to open positions. I will be watching the stock again on Tuesday, looking for a follow through move. As long as the stock stays above the rising 13-day EMA, the bullish scenario still intact. Moves of key indicators suggest continuation of positive bias.
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Westar Energy Inc (NYSE:WR) Still flagging. Over 48.53 this one could move fast.
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NVIDIA Corporation (NASDAQ:NVDA) rallied to a new 52-week high. As long as the stock trades above the $33.70 level I will be looking for long opportunities.
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VirnetX Holding Corporation (NYSEMKT:VHC) I'm a patient investor. The stock is basing constructively above the rising 100-day EMA. The real fireworks should begin if price can close above the $5 area. As long as the stock can remain above $4.20, I like the stock. The MACD line is starting to curl upward, which should eventually lead to price increases. Keep on watch list.
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New York & Company, Inc. (NYSE:NWY) is probably one of the best acting stocks in the momentum. It's extended here but no one seems to care. So, I will be watching her carefully for any possible opportunities.
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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The Coca-Cola Co (NYSE:KO) is forming a bullish flag on daily chart which is usually the most bullish of consolidation patterns. So, perhaps this is merely a pause in a strong uptrend. Breakout watch $46.
If you want to contact me for advertising opportunities on blog or twitter, then get in touch via emailDisclaimer : 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: GE, KO, NVDA, NWY, VHC, WR
