( click to enlarge )
Himax Technologies, Inc. HIMX Nice bounce off the 50-day EMA for modest gains Monday. Slow Stochastic is turning up and the MACD histogram is forming a base for a sustained rally. If it breaks above $10 tomorrow on volume look for a major move north, but still in wait and see mode.
( click to enlarge )
LSI Corp LSI Momentum has turned bullish and a break above resistance at 8 would open the door for a rally to new highs beyond 8.08
( click to enlarge )
Petroleo Brasileiro Petrobras SA PBR broke out above its 200-day EMA on heavy volume. This momentum could push this stock much higher from here. Next resistance is now seen at $18.
( click to enlarge )
QAD Inc. QADA setting up nicely for a move here. Breakout over $14.58 for a daytrade
( click to enlarge )
Benchmark Electronics, Inc. BHE tried to breakout but volume was not strong enough and it did not finish over the buy point. If the stock can break today's high of $23.54, we should see a follow through move.
( click to enlarge )
I see Royale Energy, Inc. ROYL on verge of breaking up out of this compression. My short term indicators have signaled buy with bullish divergences, thus we can expect stock to get above the 200-day EMA sometime this week.
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
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
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Information TechnologySemiconductors
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
