Stocks in Play for Nov 11: AAPL, AMZN, CROX, THQI, Inc. (AMZN) broke out again and we could see another move on Thursday. The stock hit a high of $173.37 today, which is now resistance for the continuation move. If AMZN can break resistance, we could see a strong follow through move. Also notice that today’s upside has come on light volume. Just a cautionary note. I like pullbacks to the 20 day moving average as long as the stock holds $166.93. Keep the stock on your radar for Thursday’s trading day.

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THQ Inc. (THQI) shot up early in the morning, hitting a three-month high of $4.40. The stock pulled back to close down two pennies to $4.31. I still like this stock and expect to see another upside move very soon. We might see THQI consolidate again tomorrow, but watch it closely in case it makes its move.

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I keep watching Apple Inc. (AAPL) , waiting for this stock to break out of its sideway channel. The stock has been in this channel since last week and should make a move soon. The high of this channel is $321.30, which is resistance for this upcoming move.

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Shares of Crocs, Inc. (CROX) looking some bullishness now. The broke above the $14.94 resistance and has been consolidating its gain between $15.28-$15.94. Based on the tight consolidation and today’s positive finish with volume increase, the probability of the stock going higher again is good. Resistance can be expected at $15.96.

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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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