Stocks Watchlist For Wednesday, April 04

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Celgene Corporation CELG had a nice breakout Tuesday. on expanding volume and looks ready to extend it's gains. Keep on watch list.

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Ford Motor Company F is trading within an ascending triangle with the down line at 12.25 and the higher line at 13. A break above this level with large volume would confirm the formation. Possible target price for the ascending triangle formation is at around $14.20. As you can see from the chart above, the stock is coming out of oversold territory with a bullish MACD crossover. Stay tuned.

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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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