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Sirius XM Radio Inc (NASDAQ:SIRI) closed right at the key 3.85 level. It will be interesting to see if tomorrow the stock can continue its upward momentum. Its technical indicators are showing positive signal and its price bars are trading above the major EMAs, denoting the current positive tone that may turn into a new uptrend soon. On radar.
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Morgan Stanley (NYSE:MS) Nice breakout on decent volume. Fresh buying may be considered on a move past $28.15, with a stop-loss at $26.63
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Yahoo! Inc. (NASDAQ:YHOO) A breakout above $29.83 would constitute a technical entry for the short term trader looking for a quick trade. The technical indicators are showing signs of bullishness.
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Procera Networks Inc (NASDAQ:PKT) jumped over 8% on Tuesday to close at $14.59. The technical daily chart shows the momentum indicators have turned up and the RSI is on the rise.The MACD indicator is still heading up, providing a positive signal. We have strong BUY signals on this stock. It will be interesting to see tomorrow if the momentum can continue through the $15.01 200EMA. Short Percent of Float 17%. Days To Cover (Short Interest Ratio) 10.5
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Walter Energy, Inc. (NYSE:WLT) Any close above the key pivot at 16 would be an upside break out and would signal a move to 19-20 area.
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The Dow Chemical Company (NYSE:DOW) had a good move today, as the stock set new 52-week highs. The stock hit a high of $40.02, which is resistance for the follow through move.
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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.
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AC
Labels: DOW, MS, PKT, SIRI, WLT, YHOO