Stocks to watch tomorrow - JNPR, VOL , BRCM, AMZN
Chart courtesy of stockcharts AMZN - The technical chart above shows weakness as the stock is trading below major moving averages ( 20, 50, 200 ), and if you look closely, you can see that its 50-day moving average is poised to slip under the 200-day level (A Dead Cross is created when shorter moving average crosses below a longer moving average. This is generally considered a bearish signal ). With a 62 P/E, a recession coming, and a weaker consumer, stock price could be well affected. Technically, stock is in a short term Bearish mode. Plus, insider transcations are very active. Chart courtesy of stockcharts BRCM - Stock starts showing ‘buy' signals again. However after recent decline in share price, a good entry point will be only in a break of its 20-day moving average at $20.80 on heavy volume. Stay tuned on her. Chart courtesy of stockcharts VOL - The stock closed above its 200-day moving average for the first time since March of 2007, with heavy volume. Although the stock didn't perform well last year, we start to see now some signals of rebound as the technical chart shows positive momentum is back, and with MACD back above 0. In addition the 20-day moving average recently crossed on top over 200 day moving average which is a very positive sign. Let's keep an eye on her. Chart courtesy of stockcharts JNPR - Stock confirmed my previous analyze, breaking today the neckline of the Inverted Head & Shoulders pattern. At this point it seems that we have room for $1 run before next resistance at $30.30. Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples. That's All. Have a great evening !!! AC
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