( click to enlarge )KBR, Inc. (NYSE:KBR) The technical hart looks like it has bottomed here. The stock broke out of a falling wedge formation today and such a breakout indicates a bounce towards the $17 level. The momentum indicators are also turning up.
( click to enlarge )Revolution Lighting Technologies Inc (NASDAQ:RVLT) has been flagging bullishly in recent days after a huge upmove earlier this month from sub1 to 1.30 area, and is now on the verge of breaking out above resistance in the 1.35 area. A move above that level would position the stock to test its 100-day EMA located at 1.72. The technical chart shows a continuation of the trend with MACD and RSI rising.
( click to enlarge )Plug Power Inc (NASDAQ:PLUG) had a strong bullish momentum today. The bias is now slightly bullish in nearest term but I'm not in a bullish mode. If the stock can stay above $2.75, then it has potential to rebound to $3.22 resistance inicially then $3.60.
( click to enlarge )Baytex Energy Corp (NYSE:BTE) Nice runner from the buy list. This chart looks good but I took some profits today.
( click to enlarge )Skyworks Solutions Inc (NASDAQ:SWKS) is getting closer to a major break-out so keep an eye on her and wait for a close over 71.34 to enter long.
( click to enlarge )FARO Technologies, Inc. (NASDAQ:FARO) I see a potential cup and handle formation on daily. Breakout watch over 59.35
( click to enlarge )Iridium Communications Inc.(NASDAQ:IRDM) looks very bullish on charts. The stock broke out above the downtrend channelling trading range with decent volume. Technical indicators are also supporting the bulls. The MACD crossed above the signal line, RSI is moving up & above its 50% level. EMAs are moving up and Stochastic is also moving up and above its 50% 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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AC
