Stocks on my Watch List for Friday, December 21

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Amazon.com, Inc. AMZN Poised to breakout to new highs. Keep an eye for play over 264.2. Volume & price have risen and this stock again should be on your watch list.

 

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Shares of Research In Motion Limited RIMM are moving higher in after-hours trading after its quarterly earnings beat Wall Street estimates. Q3 EPS of $(0.22) versus the estimated $(0.35) and the revenue came in at $2.70B versus the estimated $2.65B. Looking at the technical chart stock still trading in a short term Bull Market with share price above 50-day sma and 200-day sma. The next key levels of resistance to watch are $14.99 and then $17.30. Support : 13.28

 

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Zynga Inc ZNGA Volume is falling and the stock is still holding its 50-day SMA. It looks like the sellers are losing momentum imho

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Progenics Pharmaceuticals, Inc.PGNX had a nice consolidation day after surging  nearly 20% on Wednesday. This is the type of action that I love to see before another leg up in price, this slight retrace was expected. Looking at the technical chart, we can see the Accumulation/Distribution line moving up, which is a fabulous sign for this stock. Finally, we're right on the brink of a bullish cross as the 20-day SMA is ready to cross the  50-day SMA, which is another good thing this chart is showing. I still think the stock is poised to rip to the upside. Keep an eye for play over 2.95

 

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Vringo, Inc.VRNG Looking at the chart it is nice to see this stock back over $3 with big money volume.  I'm curious to see how it reacts tomorrow as it sits right below its 20-day SMA. A break and close above this level would be very bullish for this stock. We also have a MACD bullish crossover on the daily chart. On watch.