--Financial Tools ---Futures Market---ADD HERE LINK-- OPTION ALERTS --BENZINGA--

Thursday, November 15, 2012 

Stocks To Watch For November 16, 2012

( click to enlarge )

Green Dot Corporation (NYSE:GDOT) has been consolidating on very light volume the past few days. Right now, GDOT's technical's are looking up as we see only minor resistance at 11.93-12 and looks like this baby is poised for a nice BREAKOUT at any time now. Once the resistance of 12 breaks past we can see it hit the higher levels in minutes ! MACD and Money Flow Index are both showing us something similar : uptrends. With the chart on the verge of a possible breakout, get GDOT on your radars. 

The top executives have been bullish about the company as CEO and chairman of the board just bought 89.000 shares or about $995,453 million worth of stock recently. Stay tuned.

 ( click to enlarge ) 

After a slow start this morning, Netflix, Inc. (NASDAQ:NFLX) saw its high of the day at 81.9 up 2% and showing strong bid support. The stock closed above the 200-day moving average for the first time since August 2011. Now look for a follow trough in the coming days.

  ( click to enlarge ) 

Research In Motion Limited (NASDAQ:RIMM) Looks like it is getting ready for a breakout soon. Good upside volume on the daily chart.

  ( click to enlarge )

VirnetX Holding Corporation (NYSEAMEX:VHC) is pulling back from recent highs. The rising 50 and 200-day moving averages should provide support. 

  ( click to enlarge )

Lexmark International Inc (NYSE:LXK) was one of the few stocks that ended higher on Thursday. I'm watching the stock on Friday for a continuation move. Resistance for this move is $24.19, which reflects September highs. If LXK does break resistance, I expect to see the stock move very quickly.

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

Labels: , , , ,

Bookmark and Share

22:48 | |

Wednesday, October 22, 2008 

Stock Picks and Trade Ideas for Thursday - BRCM, LXK, CIEN,

Chart courtesy of stockcharts ( click to enlarge )

CIEN - The technical chart of CIENA shows a symmetrical triangle price pattern which can act as a reversal as well as the continuation pattern, depending on the volume as well as the breakout that follows, up or down. The red downside trendline of lower highs and the green upside trendline of higher lows is converging to form a symmetrical triangle. A symmetrical triangle does not tell you where prices are headed but eventually they will breakout to the upside or to the downside. During the period of indecision, it's better to stay away from the stock.

Chart courtesy of stockcharts ( click to enlarge )

LXK - The share price chart for Lexmark, shows a dead cross occurring at the start of this week. A dead cross is the point at which the 50-day moving average crosses under the 200-day moving average and signals the beginning of a bear market trend. With this in mind, any rally attempt must be considered a bear market corrective rally and not the start of a new bull market trend. The stock has a series of resistances at 26,74, 26,90 and 28. Nearest support is 24.57.

Chart courtesy of stockcharts ( click to enlarge )

BRCM has been beaten down since August, but at this moment it seems pretty clear that buyers have been waiting in the 13.5-14 range. It looks like it is starting to turn back up and indicators are giving the first bullish signs. The stock has the following important levels. Resistance at $16 adn support at $13.92.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. See you tomorrow !!!

AC

Labels: , ,

Bookmark and Share

21:33 | |

Tuesday, April 22, 2008 

Stock Picks and Trade Ideas for Wednesday - ELN, LXK, NTRI, RMBS

Chart courtesy of stockcharts ( click to enlarge )

Rambus was in focus today after has scored another legal victory in its long-running battle to collect millions of dollars in royalties on its patented designs for computer memory chips. A federal appeals court ruled Tuesday that the Federal Trade Commission didn't offer enough evidence in accusing the company of engaging in monopolistic behavior. This is GREAT !!! Looking at the daily chart above it shows this is the time to place your bet here as many technical indicators show buy signal. Although MACD is a little big weak, any rally should easily bring it back to bull market. Another one KD show buy signal as K line is again on top of D line. The stock has been back on uptrend since early March and now with stock back above 50 day and 200 day moving average and K line rose back above D line we will probably see more positive thing happening to the stock.

Latest News on RAMBUS : IBM licenses Rambus cell , Click here to know more.

Chart courtesy of stockcharts ( click to enlarge )

ELN is moving in a nice upward channel pattern, near the top of the channel, which could be a good time to close some long positions. Nevertheless, The technical chart looks really positive as 20 day moving average has just crossed on top of 50 and 200-day moving average. In addition with MACD on top of 0 showing bull market and KD at high level the stock should kept going for now. Keep an eye on her.

Chart courtesy of stockcharts ( click to enlarge )

NTRI - They have broken up here and present a nice buying opportunity anywhere near 20, but they report earnings tomorrow. I hate holding stocks over earnings, but this looks like a nice chart. According to the chart above buyers remain in control.

Chart courtesy of stockcharts ( click to enlarge )

LXK - Lexmark shares fell today as investors digested the weak 2nd-quarter outlook. Looking at the daily chart, the stock broke its uptrend line and K has crossed below D line, both bearish signals. Nevertheless, the stock could find some support here near of its major moving averages, but the trend is now in favor of Shorts. Let's keep an eye on it.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a great day !!!

AC

Labels: , , ,

Bookmark and Share

21:14 | |

Contact

About Me

    Photobucket

  • I'm a 44 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.

    • Benzinga.com supporter

    Iceman Trading Academy Moderator

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Follow me

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    PREVIOUS POSTS

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google