Stocks to Watch for June 04, 2013
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Rambus Inc. (NASDAQ:RMBS) has formed a bull flag and looks like it might be getting ready to head higher from here. Break out is around 8.19
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The Allstate Corporation (NYSE:ALL) broke support today and volume was big. This stock should be headed lower from here.
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Las Vegas Sands Corp. (NYSE:LVS) The stock closed flat today with the Dow closing higher. Short-term technicals are looking bearish. Showing negative divergences on RSI / MACD and Stochastics.
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Groupon Inc (NASDAQ:GRPN) closed the day just above the EMA200 support line with a Big red candle. It needs to hold this level or could see lower prices.
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Concho Resources Inc. (NYSE:CXO) setting up for higher prices, 50-day EMA is key to break thru.
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Polycom Inc (NASDAQ:PLCM) is showing a large ascending triangle. Long entry could be considered over 11.50
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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: ALL, CXO, GRPN, LVS, PLCM, RMBS
