Stocks to Watch for December 19, 2013

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Facebook Inc (NASDAQ:FB) The stock price continues to act strong setting new highs. Technical indicators are looking quite overbought but can stay there for long periods of time. Let the profits run.

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Nuance Communications Inc. (NASDAQ:NUAN) indicating a bullish trend. looking very strong. If the stock price rises to break into the gap, then we are likely to see a move to $16. Daily technical indicators are turning bullish. The MACD has crossed above its signal line lately and the RSI is back above 50, indicating a bullish trend. In Form 4 Filing, Carl Icahn Reports Purcahse of 50,900 Shares of Nuance on December 16

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Apollo Education Group Inc (NASDAQ:APOL) looks right on the verge of a breakout. MACD is moving up showing positive momentum while AC/DT line also show buy signal. Keep an eye for a possible breakout over $27

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Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) Tweeted under $4.20 !!! The stock price broke out of a Bullish flag chart pattern (2h chart) during Wednesday's trading session on heavy volume. I think we will see a nice follow through tomorrow. This was a $20 stock less than 4 months ago. With almost 22% ( 33 Million shares ) of the float short, this stock is due for a nice move higher. The accumulation/distribution line is turning up which means there is more money flowing into the stock. The next resistance area is around the mid $5.6-5.9 range.

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CBS Corporation (NYSE:CBS) That's a good looking chart. It's a buy on a break of 60.96 with solid volume. Stop 58.05

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Tyco International Ltd. (NYSE:TYC) broke out of a consolidation range to the upside on heavy volume. Keep a close eye on the stock tomorrow for the follow through move.

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Support (NASDAQ:SPRT) made a strong move Wednesday on decent volume. The stock was strong all day as it closed up 6% to $3.60. If the stock can break Wednesday’s high of $3.65, we should see a continuation move.

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Neurometrix Inc (NASDAQ:NURO) holding above its major EMAs, I expect further upside. The stock may expect some resistence at $3.25 per share. Daily chart shows a golden cross. Keep it on watch.

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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
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