Stocks to Watch for January 29, 2014

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Adamis Pharmaceuticals Corp (NASDAQ:ADMP) closed today $6.81 (Up 1.81%) and was trading on high volume, after the company's stock received a price-target boost to $15 by an analyst at CRT Capital ( Full report HERE ). Based on the stock's price at $6.81, this implies a potential upside of 125% from current levels. From a technical standpoint, MACD and CMF showing positive signals and the RSI is above the 50% level. ( 2h chart).

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Keep an eye on Polycom Inc (NASDAQ:PLCM). The stock looks poised to break out and run higher.

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American Realty Capital Properties Inc (NASDAQ:ARCP) Good long setup if the stock takes out the 14.23 level on volume.

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The daily chart of The Kroger Co. shows a bullish engulfing candle, a potential double-bottom pattern and bullish Stochastic signal. Watch for a follow through day tomorrow and consider a stop just below 35.75

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SemiLEDs Corporation (NASDAQ:LEDS) Had a nice breakout today with a pop of 26c to 1.44 or 22% on 1.1 million shares. Technical chart shows a bullish sign as the stock is back on top of 200-day exp moving average with MACD rising and in positive territory.

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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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