Stocks to Watch for July 19, 2016
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Advanced Micro Devices, Inc. (NASDAQ:AMD) has been in an orderly bullish up-channel since mid-April and today, it made a new 52-week high at $5.57. Look for follow-through on Tuesday with increasing volume to confirm today's move.
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GameStop Corp. (NYSE:GME) broke out above its key resistance level today and surged considerably higher amidst impressive buying pressure after CEO Paul Raines told CNBC that sales were up 100% in 462 stores that are gyms in the Pokemon Go app. I expect GME to continue to gain investor interest going forward. Keep it on your watch list tomorrow.
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Bank of America Corp (NYSE:BAC) Nice breakout of resistance on good earnings and volume confirmation. Could be a good buy on a dip near $13.75 if given the chance.
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Abercrombie & Fitch Co. (NYSE:ANF) broke out of a bullish flag/consolidation it has been in for the past week. Go long on the break of Monday’s high at 20.17.
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Glu Mobile Inc. (NASDAQ:GLUU) had a very good rally accompanied with large volume today. GLUU is one stock that seems to be turning around again and some technical indicators are confirming the recent positive movement. Buyable on a pullback to the pivot.
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Zynga Inc (NASDAQ:ZNGA) has consolidated sideways for the past several sessions under resistance near $2.90. If the stock clears resistance the move may be powerful.
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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
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: AMD, ANF, BAC, GLUU, GME, ZNGA
