( click to enlarge )Qihoo 360 Technology Co Ltd (NYSE:QIHU) set a new all time high on big volume coming out of a consolidation. This is generally the perfect set-up for buying stocks. I will be watching the stock tomorrow, looking for a follow through move. As long as the stock stay above $31.03, the bullish scenario still intact. Technical chart shows very strong bullish sign. First of all, the stock is trading above both 50-day and 200-day moving average with both pointing upwards. Then, the MACD indicator crossed above its signal line also indicating a buy. In addition, RSI still show the stock is on the positive swing. Keep a close eye on the stock for the follow through move on Wednesday.
( click to enlarge )Tellabs, Inc. (NASDAQ:TLAB) has just broke a Falling Wedge Pattern, which is usually bullish. The next level to the upside is the 2.21 area and we'll just have to wait and see if we get there. Short-term sentiment has turn bullish.
( click to enlarge )NVIDIA Corporation (NASDAQ:NVDA) The technical chart above is showing bullish bias. MACD is indicating that the current short term price trend is very bullish. In addition, the CMF is increasing, indicating accumulation of shares in the market. I'm still maintaining the buy rating on NVDA as the technical chart still shows very bullish sign as 20-day moving average is on top over 50-day moving average with MACD above 0.
( click to enlarge )The Goldfield Corporation (NYSEAMEX:GV) Nice jump out of the bull flag today. Worth watching long above 4.19
( click to enlarge )First Industrial Realty Trust, Inc. (NYSE:FR) About to break out up into new highs once again. Keep an eye for a possible breakout over $16.68
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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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