( click to enlarge ) NVIDIA Corporation (NASDAQ:NVDA) confirmed my previous analyse and broke decisively above its 200-day MA today. From here we can expect a run to the 13 area and from there we could see an explosive upsurge to $13.5 and better. Daily technical indicators are turning up. Hold with a stop at the level of the 50-day MA. Add more on a convincing break out above the 13 level. Long setup.
( click to enlarge ) Rite Aid Corporation (NYSE:RAD) is setting up nicely to break into new highs. Buy point would be on the day it blows through $1.95 on heavy volume. ( click to enlarge ) Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) STRONG breakout of resistance on volume confirmation. The triangle on chart represents a consolidation/rest after an advance. The breakout signals a continuation of the prior advance. As long as 4.75 holds, this breakout is in great shape. ( click to enlarge ) Astex Pharmaceuticals, Inc. (NASDAQ:ASTX) had good volume and a nice candlestick on friday. Daily technical indicators are bullish. The MACD is positive and has crossed above its signal. The RSI and slow stochastic have climbed above their 50% levels. Breakout watch over 4.58 ( click to enlarge ) Radian Group Inc (NYSE:RDN) had a nice surge a few weeks ago and has been consolidating that move since then. Looking good for higher prices, watch for break above consolidation area and go long. ( click to enlarge ) Vringo, Inc.(NYSEAMEX:VRNG) Rallied hard Friday on heavy volume. If it clears back over 3.43 (50-day MA), may have some good upside. ( click to enlarge ) Sprint Nextel Corporation (NYSE:S looks ready to make new highs. On the technical side, the chart looks very good here. MACD is positive and above its rising signal line. The 9 day and 20 day SMAs are both rising with the stock trading above them. Breakout watch over 6.22 ( click to enlarge ) Active Network Inc (NYSE:ACTV) looks like it may have found a bottom already, keep on watch. I personally recommend Benzinga Pro for traders : Profit With Faster News and Research. Real-time news and data feed delivered at blazing fast speeds and designed specifically for traders. Sign up now to receive a risk-free trial with Benzinga Professional Happy Easter for everyone !! 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.