Stocks to Watch for August 23, 2013

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Amarin Corporation plc AMRN seems to have a bullish flag on it, which usually leads to higher prices. Buy point is when the stock price moves out of the flag at the 62.50 to 62.60 area with an increase in volume. CMF is now positive.

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Nice reversal in Himax Technologies, Inc. HIMX closing slightly above its 50-day EMA. Watch the action and volume on Friday, if the stock price can get above the 20-day EMA at 6.28 and hold it could make a decent move higher.


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Continue to watch Arena Pharmaceuticals, Inc. ARNA and how it acts off this triple bottom. Daily MACD and RSI showing positive divergences. It may be forming here a small base to move higher. If the stock price gets back above the 50-day EMA it could be a good long. On watch.

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NQ Mobile Inc NQ All the major technicals are showing negative divergences and a loss of momentum. Needs to break this short term trendline if it wants to make new highs.

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Air Methods Corp AIRM is holding up well, health consolidation here, one can buy when the stock price breaks out of this on heavy volume.

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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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AC
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