Cirrus Logic, Inc. (NASDAQ:CRUS) has had a hard time with resistance here, but may be ready to move higher. The level which the stock may have trouble moving above, is yesterdays $17.20. It would need to break above that level to run to $19. The technical chart shows the stock is rising as %K line is on top over %D line showing buy signal.

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Novatel Wireless, Inc. (NASDAQ:NVTL) has been trading in a range of $4.97-5.64 since May. Looking at the technical chart below it shows a new rally is about to begin as %K line has just crossed on top over %D line as the stock is again back above 50 day moving average. In addition, since ROC has began to rise from oversold level there is plenty of upside for the stock. Let’s keep an eye on NVTL.

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Tellabs, Inc. (NASDAQ:TLAB) – Stochastic is showing positive crossover signs that support the bullish expectations. The reversal seems especially likely to continue.

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Hansen Medical, Inc. (NASDAQ:HNSN) – Breakout watch over $4.95.

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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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