Stocks to Watch for May 24, 2013
( click to enlarge )
Lululemon Athletica inc. (NASDAQ:LULU) Breaking down. Probably a good short here. Technical indicators show some concerns. The slow sto is falling from the overbought level and the MACD is in the positive zone, but has stopped rising and is below the signal line. On above chart, the negative divergence is quite apparent as the indicator MACD has failed to make a new high.
( click to enlarge )
VIVUS, Inc. (NASDAQ:VVUS) is very bullish with a lot of hot indicators showing up. The slope of the recent upward move is very steep accompanied by increasing volume. This momentum could push this stock much higher from here, so keep it on the radar.
( click to enlarge )
Amazon.com, Inc. (NASDAQ:AMZN) The fall on Wednesday had taken the stock below the 20-day EMA and today's near 0.5% drop meant the stock closed below the 50-day EMA for the first time in two weeks. This is generally considered an indication of a bearish trend.
( click to enlarge )
Aegerion Pharmaceuticals, Inc. (NASDAQ:AEGR) Nice price movement on solid volume. Next buy when clears 63.72 on heavy volume.
( click to enlarge )
Sanmina Corp (NASDAQ:SANM) Technical indicators turning bearish. The MACD just initiated a sharp bearish crossover and the RSI is about to cross below the 50 level.
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.
AC
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.
AC
Labels: AEGR, AMZN, LULU, SANM, VVUS
