( click to enlarge )Bullish signal on increased volume. ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) can potentially set-up very well for a swing-trade if it breaks through the resistance level at $20.68. There could be good upside in this trade, so watch the stock closely tomorrow.
( click to enlarge )Intrepid Potash, Inc. (NYSE:IPI) is on my watch list. The EMA200 at 19.77 is pretty much the pivot here. If that breaks, we could see 20.5 quickly. From a technical standpoint, the chart looks positive as 20-day exp moving average has just crossed on top of 50-day exp moving average. Lets keep an eye on it.
( click to enlarge )Strong day in down market. Agrium Inc. (USA) (NYSE:AGU) needs to take out $93.67 (EMA200). The break of the resistance line with heavy volume should be the next buy point on AGU.
( click to enlarge )Himax Technologies, Inc. (NASDAQ:HIMX) Stalking. The stock is forming a likely Cup & Handle pattern with breakout area around 7.85
During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
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
