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

« Home | Bullish Stocks to Watch for Tuesday » | Five new Setups To Watch Next Week » | Hot Solar Stocks To Watch » | Some stocks to watch for Thursdays session » | Momentum stocks to watch tomorrow » | SmallCap Stocks to Keep an Eye on Tomorrow » | Solar Stocks to watch in the week ahead » | Top Trade Ideas for Friday Jan 27th » | 5 Stocks On My Watch List » | Few small caps on the watch list » 

Tuesday, February 07, 2012 

Long Stocks Ideas

  ( click to enlarge )

Zagg Inc (NASDAQ:ZAGG) jumped up by 4.64% and closed at $10.59 with decent volume. Upside volume has been good lately and there are two levels to watch for a breakout: $11.64 and $12. The technical indicators are improving with increased accumulation. Keep ZAGG on your radar !!!

 ( click to enlarge )

Dendreon Corporation (NASDAQ:DNDN) pulling back to support level. I like the technical chart for this stock and expect to see another upside move soon. Keep an eye on DNDN and monitor its volume, RSI and MFI for any potential breakouts. If the stock can manage a breakout above its psychological resistance line at $17 on high volume, it would be a great buying opportunity, but only on a breakout. The Money Flow Index indicator is showing that there is more money flowing into a security that out of the security. You want to watch the stock closely as DNDN can move quickly and you want to be ready for this move once it happens.

   ( click to enlarge )

I have been watching O'Reilly Automotive, Inc. (NASDAQ:ORLY) over the past few days, waiting for a possible upside move. The stock seems to have found a strong support at present levels. The technical indicators are improving significantly. The slow stochastic has moved to near the 50% level and the RSI is above the 50% level. I'm a buyer of ORLY once it breaks $85.32 for a possible breakout move. ORLY could have good upside potential, so watch the stock closely this week.

  ( click to enlarge )

Keep an eye on this mini bull flag on Cosan Limited (NYSE:CZZ).

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.


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