-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Stocks on the move in the afternoon » | Indices don't STOP » | Stocks on the move in the afternoon » | Stock alert - VVR ready to breakout ? » | Stocks on the move in the afternoon » | Hot stock of today session - CRTX » | AAple shares run again !! ACI and MAT » | AMGN shares were down » | Stocks on the move in the afternoon » | The Dragon laptop from HP » 

Saturday, May 19, 2007 

Southwestern Energy - Breakout !!

Chart courtesy of stockcharts

SOUTHWESTERN ENERGY shares were up nearly 5% to 45.09$ breaking out an important resistance at 44$. SWN stock has been doing well this year, making new highs today makes a new one at 45.66$ followed by volume. Looking at the chart above stock broke out 44$ and reaching also a new 52 week year high, is now a stock in a Breakout Mode. Indicators are all in favor of Bulls with K line above D line and MACD back above 0. In addition stock is trading above 50 dma and 200 dma = Bullish Mode. Let's see if stock will sustain tomorrow this movement. Keep SWN in your watchlist.

Chart courtesy of stockcharts

KCAP shares can be ready to breakout. Keep an eye on stock!!!

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 evening !!!

AC

Labels: ,

Bookmark and Share

Contact

About Me

    Photobucket
  • 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.

  • Benzinga.com supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google