Stocks to Watch for February 11, 2014

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I believe that First Solar, Inc. (NASDAQ:FSLR) could be starting another rally. It has formed a good base at the 47.8 level (200-day EMA) and the medium-term chart remains very interesting. The stock price broke through its 100EMA today but failed to close above. However, this was the first signal that I was looking for since a while. Technical indicators point to FSLR being in a short upward trend already, but I think this could be just the beginning of a breakout that could bring nice returns. Keep FSLR in your watchlist.

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Gevo, Inc. (NASDAQ:GEVO) price action has remained under its daily 50-day EMA for some time, however, a rising daily MACD momentum has begun a bullish divergence suggestive of a price reversal at these price levels. A break above $1.38 would be bullish. Let's keep an eye on it.

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Rosetta Genomics Ltd. (NASDAQ:ROSG) broke a falling wedge pattern today. The chart shows the stock is now back to uptrend and with %K line above %D line and RSI above 50 we may see more upside.

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Stereotaxis Inc (NASDAQ:STXS) The stock finished the day up 14% on solid volume of over 1 million of shares exchanging hands on the day. With the surge today %K line is again on top over %D line, showing the stock is back to new rally. A move towards $5.90 can be expected as long as $5 holds.

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Inovio Pharmaceuticals Inc (NYSEMKT:INO) Looks like it is getting ready for a breakout soon. Keep it on watch.

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Allergan, Inc. (NYSE:AGN) Setting up nicely for new highs. Breakout watch over 123.83

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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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