( click to enlarge )EnteroMedics Inc (NASDAQ:ETRM) Volume starts to pick up again. It could make a huge move to the upside. Keep ETRM on your watch list. A break of $1.83 with force might give the stock room to $2.17.
( click to enlarge )Amkor Technology, Inc. (NASDAQ:AMKR) seems to be topped out at 12.27 and made a bearish engulfing candle today on high volume, suggesting a trend reversal. If it breaks below the 11.40 level, it might test 20-day EMA and if it sustains below that, it could collapse all the way to 10-9.50 levels. Insiders sold nearly 200,000 shares this month.
( click to enlarge )TriQuint Semiconductor (NASDAQ:TQNT) potential short setup. Currently the stock has formed a large rising wedge with declining momentum and I expect that it will resolve downward.
( click to enlarge )Skyworks Solutions Inc (NASDAQ:SWKS) The technical indicator MACD shows a bearish cross w/ a downward sloping histogram, indicating that a potential pullback is on the horizon.
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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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