Stocks to Watch for April 21, 2016
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BroadSoft Inc (NASDAQ:BSFT) had good volume and a nice candlestick on Wednesday. Buy point would be on the day it blows through $42.06 on heavy volume.
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Cadence Design Systems Inc (NASDAQ:CDNS) had a nice surge a few weeks ago and the stock has been consolidating that move since then. Looking good for higher prices, watch for break above consolidation area and go long.
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Fortinet Inc (NASDAQ:FTNT) is looking nice. If it clears back over 31.19, may have some good upside.
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KEYW Holding Corp. (NASDAQ:KEYW) has consolidated around 6.06-7.26 for the last two months and a break above the resistance level on heavy volume would be bullish. Volume is picking up again. Stay tuned.
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Red Hat Inc (NYSE:RHT) is in a bullish flag consolidation and could break to the upside. Long over 76.2 on volume.
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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Vringo, Inc. (NASDAQ:VRNG) is again setting up for a potential swing trade on Hourly. Breakout watch over 1.99. From a technical perspective the MACD Histogram and RSI have turned up and RIS is again moving upward.
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: BSFT, CDNS, FTNT, KEYW, RHT, VRNG
