May 16, 2013 at 18:19 PM EDT
Stocks to Watch for May 17, 2013
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Molson Coors Brewing Company (NYSE:TAP) has the perfect set up to make a nice run. The break out point would be at 53.11. From a technical standpoint, the stock is trading above 20/50-day and 200-day EMAs with all major moving averages pointing upwards. In addition, the daily MACD indicator is back above signal line also indicating a buy.
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Comstock Holding Companies Inc (NASDAQ:CHCI) - The stock looks like it is forming a bullish consolidation that should send CHCI higher in time. Long entry is at 3.65
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Puma Biotechnology Inc (NYSE:PBYI) made another move higher today with heavy volume. The stock closed on it is high of the day as well, which is positive. Next resistance is now seen at 36 then 36.7
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International Business Machines Corp.(NYSE:IBM) broke higher but pulled back from the higher of the day. The stock might need some consolidation from here, before moving higher.
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The Blackstone Group L.P. (NYSE:BX) has moved up nicely over the past 4 sessions and is now near the highs of this year. If the stock can break over 23.3 it would be a buy.
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Motorola Solutions Inc (NYSE:MSI)  There is a gap to fill above. Keeping an eye on 57.9/ 58 area with volume.
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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.

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