Stocks To Watch For October 25, 2012

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This stock is showing signs of an upcoming breakout as price action and volume are making some bull signals here. All technical indicators appear to be setting up for a nice bullish move. The RSI crossed above 50 and +DI crossed above -DI today indicating renewed buying pressure, as well as the MACD line curling up setting up for a possible cross right around 0. The volume also was above average today and I'm hoping we will see a continuation tomorrow. Look for a break above 25.31 to go long with a short term target of 28 and a mid term target of 30.

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TiVo Inc. TIVO Waiting for a close above the 200-day sma for a long position. Short term price target after the break is 10.5.

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Regeneron Pharmaceuticals Inc REGN continues to consolidate but could make a breakout move soon. Resistance is $166.39. I expect to see a strong upside move if the stock can break through this resistance level. Watch the stock closely on Thursday.

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Altisource Portfolio Solutions S.A. ASPS broke out of a consolidation range, as the stock closed up $14.57 ( 13% ) on heavy volume. I'll be watching the stock on Thursday for a continuation of this breakout. The trend is very bullish as the stock is still on top of 50 day and 200 day moving average with both moving averages going up. So, keep an eye on her.

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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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