+ 2.58
+ 0.78%
+ 2.29
+ 0.66%
+ 2.93
+ 0.7%
+ 1.55
+ 0.91%

Stocks to Watch for October 08, 2014

October 7, 2014 10:10 pm
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OXiGENE Inc (NASDAQ: OXGN) today broke above the descending upper trendline of this falling wedge on a move up 15 cents to 2.33. The volume was also massive at roughly 5x the 15-day average daily volume. The stock closed almost at the highs of the session and indicators still show it will continue to go up. The MACD indicator shows buy signal as MACD is rising above signal line and KD is also showing buy signal with %K line above %D line. Next resistance in the $2.65 price level. If you do not have this stock on your watchlist yet, I think now is a good time to add it.

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Keurig Green Mountain Inc (NASDAQ: GMCR) traded higher today, after Goldman Sachs initiates coverage with a “buy” rating and a price target of $166. It gapped higher at the open and traded to the upside all day. The stock hit a high of $140.52, which is resistance for the continuation move. Keep an eye on GMCR again on Weednesday.

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LivePerson, Inc. (NASDAQ: LPSN) finally broke above resistance in todays trading session after a period of consolidation. I still like this stock and will be watching it again on Wednesday, expecting to see a continuation move. Resistance for tomorrow is $13.29, which was today’s high.

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TreeHouse Foods Inc. (NYSE: THS) continues to trend higher. Watching for a close above $84.5

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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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