March 31, 2008 at 16:27 PM EDT
Stock to watch Tuesday - NTAP, ISRG, MT , MSFT, INTC
Chart courtesy of stockcharts INTC gave us a small move on Monday, which could be the start of a possible bigger move. INTC can break through Monday’s high of $21.33, we should see a strong follow through move. This move would break the short-term downtrend, and should drive the stock back to $22.45. Keep watching INTC. Chart courtesy of stockcharts MSFT - Looks like building a base for the next up move. The stock closed above its 20 day EMA ($28.37) again. I would look for a move up to $29.21 resistance in the coming days . Chart courtesy of stockcharts MT is breaking out. The stock broke through the highs set in February, and should continue to move. I'm buyer of MT once it breaks through today’s high of $82.26 for the continuation move. MT will move very quickly, so watch it closely on Tuesday. Chart courtesy of stockcharts ISRG - Looks to have a bull flag formation on it here, after a couple of powerful days into it. Buy point would be on the day it blows through $335 on heavy volume. Chart courtesy of stockcharts NTAP - Sinking slowly. Major support is at $19 level, but it's difficult to determine exactly where declines will stop . 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 nice day !!! AC
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