( click to enlarge ) Qihoo 360 Technology Co Ltd (NYSE:QIHU) made a strong upside reversal today. The technical chart suggests that stock might find now resistance at $33. Only a close above this level would suggest further upside. Remain invested with a stop loss at $29.35.
( click to enlarge ) OmniVision Technologies, Inc.(NASDAQ:OVTI) might attempt to breakout above $16 level again and if it succeed we should expect a strong move to the upside.
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Oil States International, Inc. (NYSE:OIS) broke through resistance and out of flag formation. I'll be watching the stock on Thursday for a continuation of this breakout. The trend is still bullish as the stock is still on top of 50EMA and 200EMA with both moving averages going up. ( click to enlarge ) Global Payments Inc (NYSE:GPN) had a strong surge a few weeks ago and has been consolidating that move since then. The stock is displaying upside momentum and is poised to move higher from these levels. Nearest resistance for the stock is at 50.15. If this level is crossed and the stock is able to sustain above this level, then it might go to 51. ( click to enlarge ) Ebix Inc (NASDAQ:EBIX) Congratulations to all of you that profited on this monster stock alert. EBIX closed up $1.24 for gains of 7.1%. The stock showed great momentum and had great trading volume. If you're still in EBIX make sure you have your downside protected. I took profits on my long position at around $19.2 ( Mentioned on twitter ) for a gain of about 12 percent. 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.