( click to enlarge )Sprint Nextel Corporation (NYSE:S) had been confined within a very tight trading range until today as price broke and closed above the range resistance at 4.93 as seen in the daily chart. Now the stock is focused on the next resistance pivot at 5.24.
( click to enlarge )Ford Motor Company (NYSE:F) needs to break the resistance lines around 9.80 to 9.90 to head back to higher levels. The short-term trend is bullish targeting 9.78 as far as areas of 9.25 remain intact.
( click to enlarge )InterDigital, Inc. (NASDAQ:IDCC) remains trapped within moving averages without showing any big move since the opening of this week. Only a close below 33.04 or above 33.88 can change the neutral stance. Although the technical indicator MACD remains contained by a consolidation, On Balance Volume continues to show strong accumulation. Rumors of a possible takeover have recently surfaced and over 14% of the tradeable stock is in the hands of short sellers. Still on my top list.
( click to enlarge )Shares of VirnetX Holding Corporation (NYSEAMEX:VHC) broke the 200-day moving average on big volume, which technically is usually a good sign. The short term trend is to the upside targeting 30
( click to enlarge )News Corp (NASDAQ:NWSA) Potential breakout. Long over 24.05
( click to enlarge )PulteGroup, Inc.(NYSE:PHM) is a stock I've covered before at much lower prices. It has been consolidating until today when it broke out to the upside. I think this opens up the door for further gains. The $13.91 level now acts as support.
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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.
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AC
