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Monday, October 06, 2014 

Stocks to Watch for October 07, 2014

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Verizon Communications Inc. (NYSE:VZ) Looks like the stock is getting ready for a breakout soon. A high volume move through the 50.38 price level would be buyable. Momentum indicators on daily chart also suggest the continuation of northbound trajectory for the stock.

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Infosys (NYSE:INFY) Watching over 61.63 for 62.16 breakout. Looking at the technical chart the stock continues to maintain positive outlook by convincingly holding above all EMAs.

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Verint Systems Inc. (NASDAQ:VRNT) has steadily appreciated in value the last few trading days. Lets see if it breaks over $57.08

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MELA Sciences Inc (NASDAQ:MELA) could be setting up for an impressive bounce at current levels. Positive divergences abound on the daily chart. Thin name.

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GoPro Inc (NASDAQ:GPRO) is in the process of re-testing its all-time highs. Accumulation on this stock remains elevated even after the recent pullback. Use the 50-day EMA as the stop loss.

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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Saturday, October 27, 2007 

The Trade Ideas you need for the week ahead !!!

Chart courtesy of stockcharts

Nasdaq 100 Index may be close to breaking to new highs here, it's my opinion based on the chart above. It has been consolidating the past few sessions, trading in a range with top 2205 and bottom 2119 and volume is starting to pick up and there could be a decent short squeeze if it breakout above this range. Next week will be for sure a key week for Nasdaq technically !!! Be prepared for a Big run !!!

Chart courtesy of stockcharts

YHOO is one of the hottest stocks of Nasdaq 100 right now !!! Technically speaking YHOO has been on a non-stop rally since announcing earnings results and the attention in Alibaba.com IPO has been a KEY factor for this Big Rally. On Friday, YHOO hits a new 52-week high by climbing $2.29 cents or 7.31% to close at $33.63, with a huge volume along the week. The technical chart shows the stock is ready for major rally as 50 day moving average is approaching to crossover 200 day moving average to form Goldnen Cross, a very bullish signal. Keep an eye on YHOO, Alibaba.com IPO is coming !!!!!!!!

Chart courtesy of stockcharts

Watch Monday's action for a possible breakout over $360.

Chart courtesy of stockcharts

Verizon, it will be in focus on Monday morning, it is expecting to announce $0.62 EPS. Looking at the daily chart, Verizon looks very good here, especially if market attempts a rally, a possible breakout over $46.24 is likely.


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 nice weekend !!!

AC

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  • 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.

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