Friday December 28th watchlist

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Zynga Inc (NASDAQ:ZNGA) moved up about 1% on light volume. My first target remains at $2.71 and the stop loss remains at $2.10. The stock still holding its 50-day SMA and trading around it in this bearish environment, which is a Bullish sign. The Slow Stochastic is about to cross up and this may indicate a surge coming. I'll add to the position on a breakout above $2.45.
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Nu Skin Enterprises, Inc. (NYSE:NUS) made a strong upside reversal. Only a close above $36.04 would suggest further upside. I think NUS is due for recovery as %K line has crossed on top over %D line. The stock needs to close above this level in order to alleviate the negative near term view. 
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Chemtura Corporation (NYSE:CHMT) made a new 52-week high today but failed to close above the previous highs. A breakout from the flag pattern on the upside is positive and the up-move is supposed to continue. Now, the stock needs to confirm the break higher by holding this level above its 20-day SMA and continue to move higher from here.
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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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