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

« Home | Trade Ideas for Thursday - MA, NTRI, RFMD, JNPR, » | Stock Picks and Trade Ideas for Wednesday - NTRI, ... » | Trade Ideas for Tuesday - JNPR, FSLR, LRCX, KLAC » | Stocks to watch next week - JDSU, CSCO, PMCS, JNPR... » | Statistics of AC Investor Blog over week 14 ( from... » | Stocks for Friday - AMD, KLAC, PMCS, CSIQ » | Stocks for Thursday - JDSU, JNPR, MRVL, MOS » | Stocks to keep an eye on Wednesday - AAPL, RFMD, E... » | Stock to watch Tuesday - NTAP, ISRG, MT , MSFT, INTC » | Trade Ideas for Next week - JASO, ESV, WMT,JDSU, B... » 

Thursday, April 10, 2008 

Stock Picks and Trade Ideas for Friday - ADI , FSLR, BUCY, SPWR

Chart courtesy of stockcharts ( click to enlarge )

SPWR - After a strong rally in the last couple of days, stock's pulled back a little bit, finding a nice support on its 200-day moving average. If price breaks above the last price spike resistance of $94.34 I think going long will present a very possible profitable trade. Keep this stock on your watch list in the coming days. It's still a nice bullish pattern.

Chart courtesy of stockcharts ( click to enlarge )

BUCY looks ready to make a new 52 week high. The technical chart shows possibility of new rally as the stock bounced up after dropping back to 20-day moving average as both 20 day and 50 day moving averages are both pointing up. In addition K line has just crossed on top over D line showing strong buy. The buy point would be when the price breaks $114.93 on heavy volume.

Chart courtesy of stockcharts ( click to enlarge )

FSLR has consolidated a little bit here around its support and looks ready to roll.

Chart courtesy of stockcharts ( click to enlarge )

ADI - The stock today surged 5% or $1.54 cents to $31.56 per share with a volume of 6 million shares after an upgrade . ADI is trading in a new upward channel, making new highs and higher lows following each pullback. From the technical chart KD line reverse its downtrend move while MACD signal still remains bullish above 0. Stock may test psychological 200-day moving average line at $32.48 in short term.

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 day !!!


Labels: , , ,

Bookmark and Share


About Me

  • 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


      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal


      Interested in advertising on AC Investor Blog ? Click Here


    Site Information

    Stock Market Blogroll

    Friends BLOGROLL


Powered by Blogger
and Blogger Templates

Add to Google