Riverbed Technology, Inc.(NASDAQ:RVBD) got a nice upside break from a small bullish pennant on stronger than normal volume. This breakout is likely to spark another steady continuation over the next several days.

(click to enlarge)

Dendreon Corporation (NASDAQ:DNDN) has broken through the clear 5.50 resistance level on heavy volume and could be headed much higher. Look for more strength so long as this stock remains above this level. Short-term technicals are positive.

(click to enlarge)

Himax Technologies, Inc. (NASDAQ:HIMX) – Solid breakout from a clear consolidation at $2.45. Watch for a continuation higher through $2.81 for continued strength.

(click to enlarge)

NVIDIA Corporation (NASDAQ:NVDA) momo watch over $12.81. Looks like the stock could try and take a trip to $13 or so if volume comes in. Short-term indicators turning Up.

(click to enlarge)

Zynga Inc (NASDAQ:ZNGA) is trading within a clear consolidation at the lows of the latest decline that began in the middle of December. The stochastic shows oversold conditions, but the RSI is heading upwards to the 50 line again, which makes me stay neutral to Bullish. Watch 2.45 up, and 2.3 down for the potential breakout move.

(click to enlarge)

Dell Inc. (NASDAQ:DELL) Looks about ready to run here. Over 10.76, next stop 11.21 then the run to $11.75.

(click to enlarge)

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.

Visit: AC Investor Blog

Be the first to comment

Leave a Reply

Your email address will not be published.