Potential Stock Movers to Watch Next Week

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I'm keeping Rambus Inc. RMBS on the list for a possible move next week. The stock has been strong, which leads me to believe that there is a buyer and we could see another up move soon. However, the short term momentum is displaying some negative divergences in the MACD. This may create a small pullback. RMBS is a fast moving stock, which means I will be watching it closely next week.

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Coffee Holding Co., Inc. JVA regained its 200 day moving average on Friday. The next resistance that it should try to respect is at $11.60.

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FormFactor, Inc. FORM seems to have broken the downtrend channel. Another day or two above it will give confirmation. Over the past month, FormFactor, Inc. saw its short interest decrease by 7.7%.

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Oclaro, Inc. OCLR closed above the major resistance level of $4.34 on Friday that showed that bulls are in control. On the technical side, the chart looks good here and I expect a continuation of the upward movement. Friday's high was $4.46, which is resistance for the follow through move on Monday. If the stock does break resistance, expect to see another strong upside move.

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Just to let you know that Sigma Designs, Inc.SIGM is still on my radar screen. The Technical chart is looking very good. I would encourage investors to monitor this stock for few trading days because the stock has buying volume and all the technical indicators are pointing to a major breakout. RSI and MACD are bullish as RSI trend upwards. For investors who are interested in SIGM could watch for the breakout at $8.64 in the coming week since the breach of the critical resistance is a sign of reversal from a down trend. Currently prices are supported by 50 days MA at $8.12. The stock has plenty of room to run, and once it breaks Friday's high of $8.64, get ready to buy the stock. Stay tuned !!

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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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