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

« Home | Four trading ideas for Wednesday, Aug 29 » | Five trading ideas for Tuesday, Aug 28 » | Good looking setups to watch next week » | Friday's Stocks To Watch, Aug 24 2012 » | Thursday's Stocks To Watch, Aug 23 2012 » | 5 stocks I will be watching for potential trades » | Tuesday's Stocks to Watch, Aug 21 » | These are the stocks that I will be watching next ... » | Stock Picks for Friday August 17 » | Stock Picks for Thursday August 16 » 

Wednesday, August 29, 2012 

A few potential plays for Thursday, Aug 30

 ( click to enlarge )

Acme Packet, Inc. (NASDAQ:APKT) had a very strong day today, breaking out above the $18 level on heavy volume. As long as it can hold this level, it looks good. Technicals are showing bullish signals supported by positive MACD and OBV indications.

 ( click to enlarge )

There is a potential breakout scenario developing on the daily chart of NetSpend Holdings Inc (NASDAQ:NTSP). Buy signal:When stock breaks $9.62

 ( click to enlarge )

InterDigital, Inc.(NASDAQ:IDCC) could be in the early stages of a technical breakout. The stock finally closed above its 200-day moving average on the daily chart for the first time since October 2011. I will be watching very closely for news. The stock looks like it wants to run. 

 ( click to enlarge )

XenoPort, Inc. (NASDAQ:XNPT) - Technical chart shows a strong uptrend with a series of higher highs and higher lows and has no indications of reversing downward. However, the stock needs to take out 9.70 soon in order to convince bullish buyers at these levels. XNPT has been mentioned several times in my blog ( since May ) as a favorite Bio name.

  ( click to enlarge )

VirnetX Holding Corporation (NYSEAMEX:VHC) surged 5.5% to $26.88 per share breaking out an important resistance ( 200-SMA ) with decent volume. We should be able to see some decent upside movement for the bulls here.

 ( click to enlarge )

Lions Gate Entertainment Corp. (NYSE:LGF) - Bullish day. Nice break from a short term consolidation. Test of June highs first target.

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