( click to enlarge )Sprint Nextel Corporation (NYSE:S) Cup & handle breakout on high volume. The MACD had just cut above its signal line. Fresh buying may be considered on a move past $5.71, with a stop-loss at $5.01
( click to enlarge )KeyCorp (NYSE:KEY) That's a good looking chart for a Thursday. It's a buy on a break of 9.10 with solid volume.
( click to enlarge )Viacom, Inc.(NASDAQ:VIAB) broke out to a new all-time high today, accompanied by a strong volume suggesting higher levels. VIAB has been in a nice uptrend for the last two months and it looks very strong with both 50 day and 200 day moving averages going up. I feel there will be a continuation move tomorrow and I'm buyer once it breaks through Wednesday’s high of $54.49.
( click to enlarge )InterDigital, Inc.(NASDAQ:IDCC) has found a strong support around the 20-day SMA, so a breakout above 36.11 could initiate a sharp rally, back to 40. The increase in OBV suggests buyers are accumulating stock. IDCC remains one of my favorite stocks.
( click to enlarge )Amazon.com, Inc. (NASDAQ:AMZN) A breakout above $264.11 would constitute a technical entry for the short term trader looking for a quick trade.
( click to enlarge )Dendreon Corporation (NASDAQ:DNDN) Good day today on nice volume. The stock closed at $5.42 back once again above its 50-day moving average, which closed at $5.21. Lots of room to the upside if it can follow through on today’s move. I love the risk/reward so long as it holds above the 20-day moving average.
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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
