Trade Ideas: AONE, BCSI, TRGL

Here is a bottom play I found. Toreador Resources Corporation (NASDAQ:TRGL) may be forming a bottom after being in a downtrend for months. Nice break out yesterday with a volume increase. If this chart does what is supposed to do, it will be going higher in the days to come, plenty of room to upside. Technically, the stock is in a short-term Bull Market with share price above 5, 13 and 20 daily moving averages. Let’s see if today the stock will confirm the breakout. Short-term investors can buy with a stop at $3.67 and long-term investors can hold with a stop at $3.48. Let’s keep an eye on her as i think momentum will pick up.

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A123 Systems, Inc. (NASDAQ:AONE) has been consolidating with declining volume. The stock can be bought for the targets of $6.14 and $6.26 in the short term.

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Blue Coat Systems, Inc. (NASDAQ:BCSI) – Watching for $22.44 breakout. All indicators are in favor of an upward price movement. MACD has generated a buy signal and is currently near to cross the 0 line. This momentum could push this stock much higher from here, so keep the stock on your radar for today’s trading day, as there is good upside potential in this move.

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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 325 Articles

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

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