( click to enlarge )Biodel Inc (NASDAQ:BIOD) hit new highs of $5.20 today, which is resistance for the follow through move on Friday. If the stock can break through highs, we should see another high volume move as the stock moves higher.
( click to enlarge )Nike Inc (NYSE:NKE) broke out to a new all-time high accompained by a strong volume suggesting higher levels. The technical daily chart still showing a bullish bias. KD line shows positive signs as %K line is rising on top over %D line and RSI continue moving up. I suspect the stock may continue to appreciate over the coming days.
( click to enlarge )Renren Inc (NYSE:RENN) Big rally on volume today, next buy area when clears the $4.02 level on volume.
( click to enlarge )The AES Corporation (NYSE:AES) coube be gaining momentum to break to the upside. The technical indicator RSI is giving a bullish signal that needs confirmation with a break through the 12.86 level.
( click to enlarge )Penn Virginia Corporation (NYSE:PVA) Another stock that looks like it will break out, watch this triangle and act accordingly.
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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
