Market Overview

Tuesday December 11st watchlist

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Teradyne, Inc.(NYSE: TER) looks poised for a break to the upside. Waiting for a break above the 16.49 level for a long position. Price will continue to move up as long as it sustains above the 13-day moving average. Daily technicals look bullish.

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Technical chart of Lattice Semiconductor (NASDAQ: LSCC) is now printing a strong Bullish movement after stock has broken the key resistance area of $4 on strong volume. LSCC has just entered into a short-term bull market as the stock is on top of 20-day and 50-day moving average. I expect a continuation of the upward movement. This momentum could push this stock much higher from here. Next resistance is now seen at $4.167 then 4.50.

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Crocs, Inc.(NASDAQ: CROX) broke through resistance of $14 but didn't have much momentum behind the move. A close beyond a resistance level is more significant than an intraday penetration, so keep an eye on CROX again to see if tomorrow stock will confirm intraday breakout.

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Blyth, Inc. (NYSE: BTH) gave us a nice move on Monday closing above the recent highs, which could be the start of a new trend North. If the stock can break through Monday's high of $16.92, we should see a strong follow through move. Although the stock did not perform well this quarter, we should see a rebound very soon as the technical chart now shows positive momentum is back as MACD is moving upwards and %K line is on top of %D line. In addition, 13-day moving average and 20-day moving average seems both are stabilizing which is a very positive sign.  Keep an eye on her.
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Mylan Inc. (NASDAQ: MYL) Nice breakout on high volume. The MACD had just cut above its signal line. Fresh buying may be considered on a move past $28.10, with a stop-loss at $27.23
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Deere & Company (NYSE: DE) That's a good looking chart for a Tuesday. It's a buy on a break of $87.5 with solid volume. On the technical side, we also have a bullish MACD crossover.
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