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

« Home | Six stocks I like for next week » | Stocks Watchlist For Friday, April 27 » | Stocks Watchlist For Thursday, April 26 » | 5 Stocks that I will be watching for 25th April » | Top Trade ideas for Tuesday » | Top 6 stocks ideas for next week » | Potential Long Setups for Friday, April 20 » | Four Breakout Stocks To Watch on Thursday » | Stocks on Watch for the 18th of April » | Possible Long Setups for Tomorrow » 

Monday, April 30, 2012 

Four Trade Ideas for Tuesday

  ( click to enlarge )

SolarWinds Inc (NYSE:SWI) stock hit a new high on Monday and continues to draw interest. I would keep a close eye on this stock going forward it may make for a great trade. As long as the stock stay above $42,22, the bullish scenario still intact. From a technical standpoint the chart shows very strong bullish sign. First of all the stock is trading above both 50-day and 200-day moving average with both moving average pointing upwards. Then, the MACD indicator is rising above zero also indicating a buy. In addition, the accumulation/distribution line still show the stock is on the positive swing. 

 ( click to enlarge )

Dendreon Corporation (NASDAQ:DNDN) has been slowly creeping higher and I think it could be trading over $12 in the short term. Short term Traders can buy above $11 with stoploss of $10.74 and targets of 12.49-13. On the daily chart, the technical indicators show a continuation of the trend with MACD and RSI in the Bullish areas. 

   ( click to enlarge )

Trina Solar Limited (NYSE:TSL) still needs to Take out the 50-Day MA at $7.38. Although the stock did not perform well this year we finally start to see some signals of rebound as the technical chart shows positive momentum is back. I'd look to the $7.4 level moving as the next buy point. If it passes that, then we have room to run to next resistance at $8.35. Let’s keep an eye on TSL.

  ( click to enlarge )

Royale Energy, Inc. (NASDAQ:ROYL) - Investors continued buying up this stock, as it surged again today this time to the tune of 9%. The stock warrants some attention this week. Bullish MACD cross on daily. Next resistance lies at 5.17 then 5.32

I hit 1500 Twitter followers last week, are you one of them ? Free Alerts in Real Time.

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