( click to enlarge )Apple Inc. (NASDAQ:AAPL) breached and closed below its key support zone along with strong volumes. With this recent fall, the daily relative strength index (RSI) of the stock has re-entered into the bearish zone. The stock is now also trading below its major moving averages. If the stock breaches 460 on a close basis, then it might decline to $440.
( click to enlarge )Very bullish action on FreeSeas Inc.(NASDAQ:FREE) this week. The stock firmed around 0.18-0.2 and then broke out with two days of high volume. Further strength above 34 cents opens the door to 40 cents. Put her on your radar.
( click to enlarge )Amkor Technology, Inc. (NASDAQ:AMKR) has had a hard time with this resistance line, but may be ready to move higher. The level which the stock may have trouble moving above is today at $4.31. It would need to break above that level to run to $4.5.
( click to enlarge )Shares of Himax Technologies, Inc. (NASDAQ:HIMX) continue to surge, hitting a new 52 week high of $9.36 on Wednesday. I think the stock should sustain the current trade activity in a potentially upside move.
( click to enlarge )Intersil Corp (NASDAQ:ISIL) is still trading around $11 which has been a strong resistance over the past several weeks. I now plan to buy the stock if it can break Wednesday's high of $11.11. The trend is still up.
( click to enlarge )Equal Energy Ltd. (USA) (NYSE:EQU) breakout over $4.84 for a daytrade
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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
