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Tuesday, March 11, 2014 

Stocks to Watch for March 12, 2014

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Palo Alto Networks Inc (NYSE:PANW) needs to take out $80 in order to convince bullish buyers at these levels. The near-term outlook is bullish.

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Aaron's, Inc. (NYSE:AAN) jumped up and broke the key resistance of 31.26 on solid volume. The overall bullish outlook has strengthened with this break. A retest of highs is expected.

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Wright Medical Group Inc (NASDAQ:WMGI) Starting to look strong again. Any break over 33.37 should take the stock for a retest of 33.80. Any failure of 32.37 support should bring further consolidation towards 31.50. However, till the stock price action remains over 31.22 EMA50 key support the near-term outlook will stay on bullish side.

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PVR Partners LP (NYSE:PVR) Over 28.4 for a breakout trade.

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CombiMatrix Corp (NASDAQ:CBMX) is displaying a screaming buy divergence on the upside. A close above 3.17 will impart bullishness and will help the stock move to the $4 area. Buying momentum is still positive and strengthening. This stock is poised for a strong move and I suspect that it will explode to the upside. Long.

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Sangamo Biosciences, Inc. (NASDAQ:SGMO) Flagging here. Buy point would be on the day it blows through $24.12 on heavy volume.

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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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