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Sify Technologies Limited SIFY had a significant bullish momentum today closing above its 200-day exponential moving average, which is very bullish. The stock is again setting up for a potential swing trade. From a technical perspective the MACD and stochastic oscillator have turned up and RSI is again moving upward. Next resistance is located at $2.36
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Gogo Inc GOGO hit a new high and continues to draw strong interest from investors. If the stock can break today's high of $31.65, we should see a strong follow through move. The stock will move very quickly, so keep a very close eye on the stock. As long as the stock stay above $26, the bullish scenario still intact.
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Rare Element Resources Ltd REE made a strong upside reversal on Monday, printing a nice bullish engulfing candle on strong volume. The technical chart above suggests that stock might find now resistance at $2.
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BlackBerry Ltd BBRY appears to be in the process of bottoming and I expect a pop above 6.59 (20EMA) at some point this week.
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LSI Corp LSI keeps holding the major support nicely. Watching for a close above $8.20
During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
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
During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.
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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