Stocks to watch Friday - STX, AMZN, AAPL, BIDU
Chart courtesy of stockcharts BIDU - The stock has found a nice resistance on its 200-day moving average, stabilizing some of the recent gains. Now, the buy point will be on the day it blows through $260 on heavy volume. Stay tuned on her. Chart courtesy of stockcharts AAPLE has been trading in a downtrend channel over the last month, however stock finally broke out today after Iphone news. AAPL may get a nice bounce after clearing this downtrend channel. Chart courtesy of stockcharts It looks like AMZN will begin to accelerate to the downside here. Dead cross pattern activated. Chart courtesy of stockcharts STX looks ready to break down here so keep an eye on it tomorrow. The stock has been sitting around 50 day moving average for a week but now with K line crossing below D line and stock closing below its 50-day moving average, there's a chance of new share price drop. 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
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