Stocks to Watch for November 18, 2013 - First Solar (NASDAQ:FSLR)

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I had Pandora Media Inc P on my watch list and it did not disappoint. Alerted on Tuesday at $28 (before the breakout). Friday, the stock price closed at $31.56, near the target level ($32) for the ascending triangle formation. Some of you may remember my post saying to keep an eye on P. As a result of last week's rally, the stock reached overbought conditions, so expect some dips to happen this coming week.

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After its remarkable rally in the past few weeks, First Solar, Inc. FSLR remains on an upward track, relieving the overbought conditions. The next buy point, is when it clears $66 on volume with a stop-loss near the 9-day ema.

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Opexa Therapeutics Inc OPXA After holding strong around the $2 level for the past few weeks, the stock moved decidedly higher Friday on above average volume. I think we'll see some nice follow through next week.

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Organovo Holdings Inc ONVO hit a new high Friday and continues to draw interest. However, the stock is now extremely overbought and a correction is a real possibility, the run was very fast. I'm still on the sidelines...watching :)

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Facebook Inc FB was able to recoup some bullish momentum on the last 3 trading days, closing the week with an upward bias. I am not sure how the stock would move next week, but if the stock breaks above the $50 resistance area on volume, go long with a tight stop loss.

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Himax Technologies, Inc. HIMX Slightly bullish in my opinion, $9 zone keeps holding the upside. The MACD has finally stabilized although still in negative territory and the RSI is trying to break higher. All this suggests to me, that the current consolidation around the 50-day EMA is merely a pause before the next leg up. Clear break above 9.60 will send the stock to test the 10 level or more. On watch.

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Microsoft Corporation MSFT Continuing to hold nicely above the breakout, so watch for more upside above 38.22.

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