Stocks To Watch For November 09, 2012

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TiVo Inc.TIVO seems to be forming a cup and handle pattern with 10.58 buy point. I consider this formation a predictor for higher prices. An upside breakout with high volume will confirm the formation. However, if the stock closes below the 200 day moving average, the upside breakout may not occur. Additionally, I also notice a golden cross on chart. The stock dropped a bit together with the market correction today.

 

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JetBlue Airways Corporation JBLU Increase of volume brought the stock right up to the resistance level. Expect a break above the 5.40 level to go long with targets at 5.65 and 5.94.

 

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Lattice Semiconductor LSCC Nice move today on a weak tape. Still holding 50MA. Should resume the uptrend towards the previous top 4.16. Notice accumulation volume has been ramping up lately.

 

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Endeavour Silver Corp. EXK Today's volume action has pushed the stock higher breaking its short-term downtrend line. Look for a continuation of the move higher tomorrow.

 

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Ford Motor Company F is pulling back on declining volume for a test of the breakout level. While the major breakout point was $10.61 the stock price could pullback to the $10.5 area just as easily and still be a successful test. 

 

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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.