( click to enlarge ) Research In Motion Ltd (NASDAQ:BBRY) had a nice breakout from the symmetrical triangle on solid volume. Upcoming resistance is at 16.01 and 16.82 which are the previous highs. Looking at the technical chart we can see a couple of bullish signals confirming the "breakout" and we can expect the price to move higher from this point.
( click to enlarge ) Intel Corporation (NASDAQ:INTC) needs to take out 23.87 in order to convince bullish buyers at these levels. ( click to enlarge ) Mercury Systems Inc (NASDAQ:MRCY) could be in the early stages of a technical breakout. If the stock can break through 7.8, expect to see heavy volume drive the stock higher. ( click to enlarge ) Molycorp Inc (NYSE:MCP) A breakout above 5.74 (50EMA) would constitute a technical entry for the short-term trader looking for a quick trade. ( click to enlarge ) RF Micro Devices, Inc. (NASDAQ:RFMD) hit a new 52 week high and closed above resistance. As long as the stock stays above the 9 & 50 EMAs it is still safe to hold on to your positions. ( click to enlarge ) Amarin Corporation plc (ADR) (NASDAQ:AMRN) Stalking as a potential swing long above 7.10 . Technical indicators are showing signs of turning around, but have not turned bullish yet. ( click to enlarge ) Regeneron Pharmaceuticals Inc (NASDAQ:REGN) may be close to breaking to new highs here. The stock has been consolidating the past few days and just recently started inching above most of the consolidation area. At this stage, it's definitely a wait and see, if the resistance will be easily taken out by the bulls. Fresh exposures may be considered on a move past $221, with a stop-loss at $204. Just a last note..... Many thanks for helping AC Investor Blog surpass the 2400 Followers mark on Stocktwits ! I'm going to try to get 4.000 followers on Twitter in May....maybe you guys can help me to achieve my goal... All the best !!!! 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.