Trade Ideas: AONE, GTLS, MMI, ZAGG

A123 Systems, Inc. (NASDAQ:AONE)  held its 50 day SMA with decent volume, may be a good entry. The technical chart is still showing buy signal with stock trading above 50 day moving averages with MACD on top of signal line and %K line on top of %D line. Short-term traders can hold their longs with a stop at $5.20.

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Chart Industries, Inc. (NASDAQ:GTLS) is consolidated into a small channel at the moment and holding well above a support line so we should be poised to attempt a move higher.

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Motorola Mobility Holdings Inc (NYSE:MMI) – With the move up yesterday ( +2.70% ) the stock may have put in a bottom, possibly a temporary bottom, but perhaps still a bottom. We need to get another up day with nice volume to solidify this as a bottom. The current technical indicators are suggesting oversold levels and I believe we could see a rally up to $22.32 – $22.50 in the next sessions.

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Zagg Inc (NASDAQ:ZAGG) is starting to show signs of accumulation with high volume on upside days and low on downside days. The technical chart shows the stock is in a short term bull market rally with MACD on top of signal line and %K line on top of %D line. The near-term outlook would depend on the price movement in the next few days. A close above $15.96 would impart bullishness . A drop below $14.36 would have negative implications that would push the stock down to the $14.12-13.80 range.

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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.
About Antonio Costa 324 Articles

Antonio Costa is a 35 year old part-time trader who trade stocks in the US market.

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