( click to enlarge )ELNK had a strong day and broke through its resistance line. The volume confirmed the breakout, as it was greater than average. With technical chart showing strength as MACD is above signal and K line above D line , we could see the stock keep going up. Next resistance is at $9.52.
( click to enlarge )JNPR broke through resistance at $27.01 accompanied with volume. We should be able to see some decent upside movement for the bulls here. This stock should run to at least $28.17 ( Oblique Major resistance ). On the technical side, the chart looks very good here and I expect a continuation of the upward movement.
Other Stocks to Watch :
COMS - 3Com Corporation ( Bullish Engulfing )
MCO - Moody's Corp ( Bullish Engulfing )
IVZ - INVESCO LTD ( Bullish Engulfing )
TYC - TYCO INTL LTD ( Bullish Engulfing )
PAYX - Paychex, Inc. ( Bullish Engulfing )
ALD - Allied Capital Corp ( Bullish Engulfing )
CTXS - Citrix Systems, Inc. ( Bullish Engulfing )
K - KELLOGG CO ( Bullish Engulfing )
SNPS - Synopsys, Inc. ( Bullish Engulfing )
NITE - Knight Capital Inc ( Bullish Engulfing )
OMC - OMNICOM GROUP INC ( Bullish Engulfing )
PDCO - Patterson Co ( Bullish Engulfing )
ROST - Ross Stores, Inc. ( Bullish Engulfing )
FCEL - FuelCell Energy, Inc. ( Bullish Engulfing )
ACM - Aecom Technology Corp ( Bullish Engulfing )
HEV - Enerl Inc ( Bullish Engulfing )
SNI - SCRIPPS NETWORKS INT ( Bullish Engulfing )
LHCG - LHC Group ( Bullish Engulfing )
MCRS - MICROS Systems, Inc. ( Bullish Engulfing )
UTIW - UTI Worldwide Inc ( Bullish Engulfing )
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all Folks. See you tomorrow...
Cheers!
AC
