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

« Home | Stocks to watch next week » | AC Investor trade Ideas for Friday Mar 05 » | AC Investor trade Ideas for Thursday Mar 04 » | Stocks to watch on Wednesday Mar 03 » | Trade Ideas for Wednesday - Allied Irish Banks and... » | Hot stocks for Tuesday - Ariad Pharmaceuticals and... » | Stocks to Watch Next Week » | Solar stocks to watch on Friday » | Stocks to watch on Thursday Fev 25 » | Stocks to watch on Wednesday Fev 24 » 

Friday, March 05, 2010 

AC Investor trade Ideas for Monday Mar 8

( click to enlarge )

THQI broke the horizontal resistance line on strong volume and could eventually rally up to test the October highs. Looking at the technical daily chart the near-term outlook is very positive and a move to the 6.95-7.05 range appears likely. In addition KD also indicate positive momentum.

( click to enlarge )

OSIR suffered 3 straight selling days this week with the stock breaking the support at 8.19. Today the stock was up, as well as the Nasdaq. The stock is a candidate for range trading. Price level at 7.50 is now a good support level and may expect a bounce from this current level. Stochastics and RSI are both in the oversold area. Entry at 7.50, sell at 7.94, cutloss at 7.26.

( click to enlarge )

GIGM had a very bullish move this week breaking several resistance lines with large volume. The stock went as high as 3.22 and may still continue to move probably reaching up to 3.38. Checking on the indicators, the MACD is above the signal line, which is bullish and the RSI rising above 50. GIGM is displaying upside momentum and is poised to move higher from these levels.

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 Folks. Have a nice weekend !!!


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