( click to enlarge ) Swift Transportation Co (NYSE:SWFT) has posted an impressive two day rally from sub $8 to a close of $8.76 today. The stock continues to garner investor interest. I hold my $9 short term target for this stock. A breach of that level will open up more gains.
( click to enlarge ) Colgate-Palmolive Company (NYSE:CL) looks ready to break a recent high of $109.84. Keep it on your watch list going forward. ( click to enlarge ) NII Holdings, Inc. (NASDAQ:NIHD) broke out of its down trend with an impressive gain of +17%. This could be the start of a new trend higher. ( click to enlarge ) Zynga Inc (NASDAQ:ZNGA) is quietly gaining momentum. The 50-day moving average is not that far away and would represent a point of serious resistance. If the stock breaks this key level momentum traders are likely to send the stock up to $4. Additionally, the MACD is approaching the zero line which is also quite bullish. ( click to enlarge ) A great chart since the beginning of September. BPZ Resources, Inc. (NYSE:BPZ) was on my bottom scan at $2.46 and hit a high of $3.21 today. A good example of why bottom plays can be lucrative if you buy in at the right time. At this point, the current move should face strong resistance at 3.25. 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.