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

« Home | Stock Watch List for Wednesday, April 03 » | Watchlist for April 2nd » | Here are a few setups to watch next week » | Thursday March 28th watchlist » | Wednesday March 27th watchlist » | Tuesday March 26th watchlist » | Stocks to watch next week » | Friday March 22th watchlist » | Thursday March 21th watchlist » | Wednesday March 20th watchlist » 

Wednesday, April 03, 2013 

Stock Watch List for Thursday, April 04

( click to enlarge )

Shares of Amazon.com, Inc. (NASDAQ:AMZN) are struggling to clear the resistance from a falling 20-day SMA. The MACD is also in negative zone and the RSI is below the 50% level, so I expect the correction to continue. Only a break above the 265 area, right where both the 20-day SMA and the 50-day SMA reside, would confirm a change in the short-term trend.

( click to enlarge )

Netflix, Inc. (NASDAQ:NFLX) was great short. I covered my short position at a price of 165 (as mentioned on Twitter). I'll use rallies to short as the stock appears to be breaking down.

( click to enlarge )

Research In Motion Ltd (NASDAQ:BBRY) The stock is still trading within the 14.7-15.05 support area, which contains the 13-day SMA and the 50-day SMA. I expect to see a bullish resumption towards the 15.55, with a daily close above to confirm the uptrend ahead of the 16.82 resistance. From a technical pertspective the RSI has edged above the 50% level and the MACD is moving up smartly towards the positive zone. Additionally, the Chain Money Flow indicator in the chart is starting to move back up, maybe money headed back in. I keep my bullish bias on BBRY and accumulating shares on the pullbacks.

( click to enlarge )

Vringo, Inc. (NYSEAMEX:VRNG) Strong day in down market. Volume is trending up. Looks to run higher.

( click to enlarge )

VirnetX Holding Corporation (NYSEAMEX:VHC) Put a nice reversal candle on the daily. If we can break today's high tomorrow, I believe the stock will rally back to the $20 level. Stop 16

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