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Wednesday, November 07, 2012 

Stocks To Watch For November 08, 2012

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After a month of resting Tenet Healthcare Corporation (NYSE:THC) is in breakout mode again.

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Thompson Creek Metals Company Inc (NYSE:TC) Investors quickly bought the dip this morning and the stock displayed relative strength with a 4.3% gain. There is no change from my weekend comments. Long setup.

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Finisar Corporation (NASDAQ:FNSR) Looks like a bottom play here. Many technical indicators starting to turn up and the volume has been good . I'm expecting FNSR to move up in the near term.

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Akorn, Inc.(NASDAQ:AKRX) is still struggling with resistance near $13.25. My plan is to buy the stock when it breaks this level. If we're triggered at $13.25 my first target is $14. The MACD has produced a new buy signal on the daily chart.

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.

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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.

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