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Stocks to Watch for December 17, 2013

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Valeant Pharmaceuticals Intl Inc (NYSE:VRX) had good volume and a nice candlestick on Monday. Daily technical indicators are looking bullish. The MACD is now positive and has crossed above its signal. The RSI and slow stochastic have climbed above their 50% levels. Go long on the break of the resistance at 112.47 with a stop at 103.17

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ValueClick Inc (NASDAQ:VCLK) took out two key resistance levels on decent volume. Watch for a good follow-through day tomorrow and go long.

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ITT Corp (NYSE:ITT) finally broke out from an ascending triangle pattern on 2x average volume. Watch for a good follow-through day tomorrow and go long. Target price is around 45.09

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Grifols SA, Barcelona (NASDAQ:GRFS) may be setting up to make new highs. Go long on the break of the resistance level at 35.03 on heavy volume.

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Himax Technologies, Inc. (NASDAQ:HIMX) finally broke out of a cup with handle pattern accompained by a strong volume. The upside looks bright !


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Neurometrix Inc (NASDAQ:NURO) appears ready for another run imho. The stock continues to trade with enormous volume and the golden cross happened today. Keep it on your radar.

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
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