( click to enlarge )The technical chart of Sprint Nextel Corporation (NYSE:S) looks fairly appealing for a possible short term trade. The stock price is forming a technically bullish Cup and Handle formation pattern, with a target buy price on the breakout of the $5.97 neckline. If price breaks out above this level then we should probably see a significant move to the upside.
( click to enlarge )V.F. Corporation (NYSE:VFC) gave a good break out this week on increased volume. It's very possible we could see a quick 5-10% upside swing here. Stop loss for short term should be at $151.47 and for medium term should be at $142
( click to enlarge )Qlik Technologies Inc (NASDAQ:QLIK) Strong breakout of resistance on strong earnings and volume confirmation. Could be a good buy on a dip near $25 if given the chance.
( click to enlarge )Stone Energy Corporation (NYSE:SGY) broke down its 50EMA and trendline support this week on increased volume and selling pressure, making a move to next support in the $20 area likely.
( click to enlarge )Rambus Inc. (NASDAQ:RMBS) Price should become explosive if this chart pattern is broken to the upside with volume. I want to go long this stock on a move above $5.67 for a day trade.
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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
