Thursday December 27th watchlist
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Radian Group Inc. (NYSE:RDN) breakout with strong volume today, most likely has a few more moves in it. I'd wait for a pullback for a better entry point. Short term technicals are positive. CMF, RSI, MACD, and stochastics are rising.
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Rite Aid Corporation (NYSE:RAD) on breakout mode, a bit extended here so
be careful on it. I would wait for a pullback to get on board, ideally
to the 200-day moving average which is now at 1.30
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Zynga Inc (NASDAQ:ZNGA) starting to get some momo once again. In my
view, the stock has formed a bottom in short-term and I expect a move
past 2.45 to take the stock towards the target of 2.7 with stop-loss at
2.1
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Amarin Corporation plc (NASDAQ:AMRN) seems to be showing signs of
bottoming at current levels. Due to the oversold reading on technical
oscillators a bounce should be taken into account any time now.
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Career Education Corp. (NASDAQ:CECO) is currently into a consolidation
phase, but has been comfortably placed above the 50‐day moving average.
Short term indicators are positive. A close above 3.55 would confirm an
end of the consolidation phase and would signal a fresh breakout for
target of 4.
Labels: AMRN, CECO, RAD, RDN, ZNGA
