-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Stocks to Watch for April 26, 2016 » | Stocks on my watchlist for next week » | Stocks to Watch for April 21, 2016 » | Stocks to Watch for April 20, 2016 » | I'm watching these 5 Biotech Stocks » | Charts for the coming week » | Stocks to Watch for April 15, 2016 » | Stocks to Watch for April 14, 2016 » | Stocks to Watch for April 13, 2016 » | 7 Setups to Watch Next Week » 

Wednesday, April 27, 2016 

Stocks to Watch for April 28, 2016

( click to enlarge )

Eagle Bulk Shipping Inc (NASDAQ:EGLE) broke a falling wedge to the upside on strong volume expansion. The stock has a likely target of 0.90c and it may have the strength to go further. Use a stop at 48c. The daily technical indicators are also turning up from over sold conditions and the MACD indicator looks likely to form its own crossover. Keep EGLE on your radar for Thursday’s trading day, as there is good upside potential in this move.

( click to enlarge )

CONSOL Energy Inc. (NYSE:CNX) had a very nice day today breaking out above the $14.20 level on strong volume. As long as the stock can hold this level, it looks good.

( click to enlarge )

VirnetX Holding Corporation (NYSEMKT:VHC) There was no follow-through move after yesterday's rally to confirm the breakout, however the daily technical indicators remains positive and the bullish options flow that we saw on Tuesday, should be taken into account. I think that it will resume its climb very soon.

( click to enlarge )

California Resources Corp (NYSE:CRC) is setting up nicely to break out. Next buy point would be on the day it blows through $2.55 on heavy volume. The daily technical indicators are looking Bullish.

( click to enlarge )

Stone Energy Corporation (NYSE:SGY) has formed a resistance around the 1.3-1.35 zone. Watch to buy on a break above this key resistance level. Momentum indicators are rising on daily charts.

( click to enlarge )

NVIDIA Corporation (NASDAQ:NVDA) Flagging here. A breakout above $37.46 would constitute a technical entry for the short term trader looking for a quick trade. As long as the stock holds above the rising 20-day exponential moving average, the trend remains to the upside.

( click to enlarge )

Possible resistance breakout trade setting up on Microchip Technology Inc. (NASDAQ:MCHP). Good long setup if it takes out the 50.67 area on volume.

If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email

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: , , , , , ,

Bookmark and Share

Contact

About Me

    Photobucket
  • 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.

  • Benzinga.com supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google