Thursday November 1st watchlist
( click to enlarge )
I had InterDigital, Inc. (NASDAQ:IDCC) on my watchlist a few times this month and today it broke out in impressive fashion on volume expansion. I believe we'll see some nice follow through tomorrow. This was a stock that ran from these current prices to over $70 a share not long ago. From a technical standpoint the stock looks very strong with both 20-day and 50-day moving average going up while MACD is crossing up its signal and %K line is on top of %D line. I suspect the stock may continue to appreciate over the coming days.
 ( click to enlarge ) 
TiVo Inc.(NASDAQ:TIVO) looks to be setting up for an upside move, as the stock has held up well the past few sessions. 
 ( click to enlarge )
Possible bounce play. I think Career Education Corp. (NASDAQ:CECO) has found support around the $3.27-$3.30 range and looks poised to post a bounce from here. We could see a 7-10% possible bounce up to $3.68-$3.75 a share if it breaks the resistance at $3.51.
  ( click to enlarge )
CIGNA Corporation (NYSE:CI) broke out today and traded nearly 2x normal daily volume. The stock has the potential to make a big run on Thursday, so keep a close eye on CI and don’t miss the trade.
  ( click to enlarge ) 
Mueller Water Products, Inc. (NYSE:MWA) broke out of its significant intermediate-term resistance at $5 today and surged considerably higher amidst impressive buying pressure.
  ( click to enlarge )
Research In Motion Limited (NASDAQ:RIMM) made a strong upside reversal today. The technical chart suggests that stock might find now resistance at $8. Only a close above this level would suggest further upside. I think the stock is due for recovery as %K line has crossed on top over %D line. The stock needs to close above this level in order to alleviate the negative near-term view.
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.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here