Stocks to Watch for May 30, 2013

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KB Home KBH The stock is testing a major support zone 50-day EMA and medium-term trend line support. Play the reaction. From a technical perspective, the daily technical indicators are showing bearish signs. The MACD is positive but falling below its signal line. The RSI is below its 50% level and the CMF is negative. The stock is trading well above its rising 200-day EMA, which is a good sign, but at this level strict stop losses must be maintained. Keep a close eye on KBH tomorrow !

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Procera Networks Inc PKT Nice mover off of the 20-day EMA. Upside volume has been good lately and there is one level to watch in the near term for a breakout: 14.97 . The technical indicators are improving with increased accumulation. Keep PKT on your radar !!!

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Uranium Energy Corp. UEC has been in a strong upwards trend the past few days and looks ready to continue this move.

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UniPixel Inc UNXL The stock closed below key support level of 19.53 EMA200 for the first time in over six months. This is something worth watching.

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3D Systems Corporation DDD was one of the few winners today, as the stock closed up 78 cents on the day. Today's high was $47.78, which is resistance for the follow through move. If it can break through this level, expect to see heavy volume drive the stock higher. I'll watch the stock closely on Thursday.

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A M Castle and Co CAS Cup and Handle pattern formation in progress. 18.74 is the level to watch for a breakout.

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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.

Thanks for visiting AC Investor Blog.

AC
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