( click to enlarge )NII Holdings Inc (NASDAQ:NIHD) today broke above the key resistance line of this sideways pattern on a move up 13 cents to 82c. A move above 83c would confirm the breakout with the next target of 1.15 and then 1.30. From a technical standpoint indicators are looking bullish. The MACD indicator is above the signal line and is now rising in positive territory. The Slow stochastic and RSI are well inside their Bullish regions. A stop loss should be placeed at 65c.
( click to enlarge )Glu Mobile Inc. (NASDAQ:GLUU) We had a nice continuation move today.
( click to enlarge )AOL, Inc. (NYSE:AOL) has become increasingly bullish and is currently consolidating in an attractive pattern. A move past 41.69 would be a strong indicator of a further uptrend in the stock. Stay tuned.
( click to enlarge )ParkerVision, Inc. (NASDAQ:PRKR) remains oversold and is gaining momentum. We have all seen how quickly this stock can head higher, when the buyers come. I believe it is ready to post a nice bounce and I do not see any resistance on the technical chart until $1.54. A stop loss should be placed below 1.20
( click to enlarge )Companhia Energetica Minas Gerais (NYSE:CIG) Chart looks bullish. Keep an eye for a possible breakout over $8.27
( click to enlarge )Advanced Micro Devices, Inc. (NYSE:AMD) is nearing a key resistance level in the 4.65 area. Considering the strong momentum today, I think the stock looks set to break higher on Tuesday. Keep this stock in your radar list.
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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
