( click to enlarge )Second Sight Medical Products Inc (NASDAQ:EYES) finally broke the upper line of this falling wedge displayed on the daily technical chart and started the new uptrend which should take it to $15 in the short-term. On the technical side, MACD and ADX all point to upward trend while RSI is also rising.
( click to enlarge )Andersons Inc (NASDAQ:ANDE) I went long again today at 45.06 avg. Price has had a hard time with this key resistance line (EMA100) but may be ready to move higher. According to Reuters, Richardson International is believed to be interested in Andersons. Check this out : Canada grain handler Richardson targets U.S. acquisitions. Keep it on your screen on Friday.
( click to enlarge )Owens Corning (NYSE:OC) displayed some relative strength today. It may be ready to break out of this small flag consolidation. Trajectories of momentum indicators are turning up again.
( click to enlarge )BlackBerry Ltd (NASDAQ:BBRY) is building a nice optimistic formation under resistance at $10.50. Watch for a break through that price level on volume to indicate that another push higher will occur.
( click to enlarge )Apple Inc. (NASDAQ:AAPL) is quietly gaining momentum. Thursday's action suggested that there is more room for the uptrend to grow on stock. A sustained break of $130 should bring the stock price to a test of the recent highs in the $134 area.
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
