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Tuesday, October 08, 2013 

Stocks to Watch for October 09, 2013

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Real Goods Solar, Inc. (NASDAQ:RSOL) continues to hold the key support level of $2.50. The near-term outlook would depend on the price movement in the next few days. A close above $3 would impart bullishness and would help the stock move to the $3.1-$3.35 are. A drop below $2.50 would have negative implications that would push the stock down to the $2.32-$2.20 range, keep on watch.

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Uranium Resources, Inc. (NASDAQ:URRE) Steep downtrend and trying to bottom. Look for a move above $2.4 (9EMA) to get involved on long side.

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Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) needs to hold the $9.82 area (20EMA) to keep the door open for higher prices. I see several negative divergences on the chart, so wait for a clear signal to enter long.

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CommonWealth REIT (NYSE:CWH) Keep on watch, the stock could be setting up to break out of this horizontal resistance line at 24.25.

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Netflix, Inc. (NASDAQ:NFLX) broke the 20-day exp moving average to the downside on good volume. Probably a nice short, especially if the market continues downward.

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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

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  • 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.

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