( click to enlarge )Breakout !! After a month of consolidation between the high of 35.42 and support at 32.5 shares of American International Group, Inc. (NYSE:AIG) broke out higher today to new highs on solid volume with strong RSI and MACD. This is a short-term bullish development.
( click to enlarge )Career Education Corp. (NASDAQ:CECO) Break out watch over $4.18 with volume. Technicals look Bullish to me. I alerted my followers on twitter this morning at 3.85 when I saw unusual volume activity.
( click to enlarge )The rally in Groupon Inc (NASDAQ:GRPN) continued and shares hit my trigger to open bullish positions at $5.48 today. This is a new month-high and a move over significant resistance. The first target to take profits is $6.
( click to enlarge )OmniVision Technologies, Inc. (NASDAQ:OVTI) Bounce play. CCI giving a buy signal from oversold area and MACD histogram reversing from the recent low. Additionally the two major moving averages ( 50 and 200 SMA ) are turning up ! On the downside the next support is at 13.69 while on the upside I am looking resistance at 14.5 with the next resistance at 14.97
( click to enlarge )Vringo, Inc. (NYSEAMEX:VRNG) has been trading heavy volumes recently and continue to impress with another show of strength. The stock looks poised to breakout higher but I'm not suggesting new positions at current levels due to the overbought signs on Stochastic & RSI.
( click to enlarge )InterDigital, Inc. (NASDAQ:IDCC) The volume was very light but the trading action was encouraging. Traders / Investors bought the dip several times near the $36 level.
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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
