Friday January 18th watchlist
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Gevo, Inc. (NASDAQ:GEVO) Broke out of a bull flag pattern to the upside today and the move was accompanied by high volume. If it can break through $2.08 resistance, we should see another strong upside move at least back to test the recent highs at $2.43
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Amarin Corporation plc (ADR) (NASDAQ:AMRN) had a remarkable move up today with very high volume, which was probably buying activity. MACD is starting to look like it may cross soon, which indicates momentum is shifting towards the upside as well. There is a high possibility that the stock price will test the resistance area ( 50-day SMA ) in the next few sessions. Keep this on your watchlist.
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Fifth Third Bancorp (NASDAQ:FITB) - Broke resistance today hitting a new 52-week high. Today's high of $16.39 is resistance for the continuation move.
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Zions Bancorporation (NASDAQ:ZION) hit a high of $22.65 in October and sold off until late November. Since then, ZION has rallied back up to the $22.79 resistance and appears to have formed a Cup & Handle pattern. The stock would confirm the pattern by breaking up through the $22.8 resistance and if it does, ZION should be moving higher from there. Stay tuned !!
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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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