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Tuesday, May 27, 2014 

Stocks to Watch for May 28, 2014

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Shares of Zynga Inc (NASDAQ:ZNGA) were up 3.96% today to 3.41$ recovering some of recent loses. It looks like it is starting to turn. The MACD is now showing a possible turnaround and confidence in stock improved significantly. Keep watching the stock over the next few trading days.

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Yelp Inc (NYSE:YELP) made a strong run in the last hour of the day, closing near highs on technical buying. The $65 level is a huge obstacle. If it can break through this area, buy the stock and watch it take off.

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Altria Group Inc (NYSE:MO) has been in a steady uptrend for the last four months and is now very near to break another resistance. Keep an eye on MO for a possible breakout over $40.99

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MELA Sciences Inc (NASDAQ:MELA) Looks ready for a bounce. The stock has been floating around this range 35/40c for several trading sessions in a row and I believe we could see a sharp move higher from here. Daily technical indicators are showing signs of turning around, with MACD curling up and RSI starting to turn up from deep oversold levels. In addition, it was reported today that an insider bought 87,500 shares at 38c, a clear sign of confidence and optimism. This stock is on High alert for Wednesday.

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Avis Budget Group Inc. (NASDAQ:CAR) broke out of a small consolidation range to make new 52-week highs. The stock hit a high of $57.58, which is resistance for Wednesday’s move. Keep a close eye on the stock for the follow through move.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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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22:40 | |

Friday, April 26, 2013 

Top stock picks for next week

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Facebook Inc (NASDAQ:FB) The stock closed Friday slightly above the 50-day exponential moving average with a shooting star candle (correction is likely) on the daily. From a technical perspective, the technical indicators are beginning to look bullish. The MACD indicator is rising above its signal line, but remains in negative territory. The RSI crossed above the 50 mark and CMF still positive. Let's see what Monday brings.

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Research In Motion Ltd (NASDAQ:BBRY) This technical chart looks bullish and definitely is confirming my bullish sentiment. The stock closed the week above all moving averages, indicating more buying ahead. Daily technical indicators also are turning bullish, which means a test of the recent top at 16.82 is a possibility. The MACD is rising above its signal line and about to enter positive territory. In additon, the RSI has moved above the 50 mark and ADX shows a bullish signal.

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Tellabs, Inc. (NASDAQ:TLAB) looks to have bottomed. Closed above the 20EMA on high volume. Bullish MACD crossover and OBV is rising.  The 50-day EMA sits at $2.06 and the 200-day EMA is at $2.26. A lot of room to go higher. This stock should be on your watchlist next week.

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FormFactor, Inc. (NASDAQ:FORM) Good upside volume on the daily chart. Technical indicators turning bullish. Looks like it is getting ready for a breakout soon.

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Avis Budget Group Inc. (NASDAQ:CAR) Starting to look strong again. Next buy area when clears the 29.73 level on heavy volume.

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PulteGroup, Inc. (NYSE:PHM) Watch this one as it approaches this resistance area. All technical indicators are bullish. The MACD has crossed above its signal and reversed its falling trend. RSI is moving up and Slow stochastic has entered its overbought zone.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog  twitter and newsletter, so you can receive my trade ideas and stock news in real time.  

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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23:41 | |

Monday, May 07, 2012 

Five stocks for Tuesday's trading

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Today's chart of the day is America Movil SAB de CV (NYSE:AMX). What I like about this stock is the relative performance it has exhibited in the last few days with respect to the overall markets. AMX's chart pattern continued its bullish fervour today, making another new high of $28.47 accompained by a strong volume suggesting higher levels. The technical chart still showing a bullish bias. The bulls may continue their domination but you should be prepared for a possible correction due to the overbought state on momentum indicators.

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Pacific Biosciences of California (NASDAQ:PACB) - From the chart above I saw a possible double bottom forming with MACD bottoming. Although the bottoms are not equal, they represent rejection from going below 2.25. The fast Sto is just turning up, giving positive signal. The MACD is also turning up, showing good signal and confirming the Sto. The RSI indicator is increasing, providing an advancing of uptrend incentive.
 
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Today was another good day for Affymetrix, Inc. (NASDAQ:AFFX). The stock finished the day up 6% on huge volume of over 1.5 Million of shares traded and is already up more than 9% since my initial alert on twitter. From a technical standpoint, the MACD momentum has turned positive and Stochastic are on a strong uptrend which when combined with the strengthening MACD could spell a strong move for the stock. The stock is beginning to turn and I want you to be able to see as much of this move as possible.

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Avis Budget Group Inc. (NASDAQ:CAR) - Old alert, 16.97 break out.

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Citigroup Inc.(NYSE:C) stock had a nice move closing the day at $31.67. The stock seems to want to bounce off the 200sma again and the increased volume shows there were buyers in the stock. I'm looking to buy the stock above today’s high of $31.98 and we could see a nice quick pop above the $33 price level. Let's keep an eye on C as i think momentum will pick up.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog  twitter and newsletter, so you can receive my trade ideas and stock news in real time.  

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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22:31 | |

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 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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