( click to enlarge )EPAM Systems Inc (NYSE:EPAM) had a nice pop out of a three week flag today and the volume soured to 4.8 million shares which is big volume for this stock. It closed up $1.88 to 32.17, or 6%. It went up to resistance but backed off before the close. Let's see if the stock gets a follow through on Friday.
( click to enlarge )Inteliquent Inc (NASDAQ:IQNT) Good long setup, if it takes out the 8.5-8.56 zone on volume.
( click to enlarge )Tesla Motors Inc (NASDAQ:TSLA) From a technical standpoint, the stock has a fantastic long-term pattern but is starting to look exhausted at this point. Both the slow stochastic and the RSI are in their overbought zones, but both failed to reach new highs, printing a slightly negative divergence. A correction down to the 20-day EMA will not be a surprise for me.
( click to enlarge )Oshkosh Corporation (NYSE:OSK) is in a bullish flag consolidation pattern. Next buy area is when it breaks 47.33 on heavy volume.
( click to enlarge )Quicksilver Resources Inc (NYSE:KWK) is basing just under the 200-day exponential moving average. Watch to buy on a break above this major resistance level.
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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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