Stocks to Watch for December 16, 2013 - 3D Sys (NYSE:DDD)

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3D Systems Corporation DDD is a potential breakout play for next week. Momentum picking up with RSI climbing and MACD about to cross its signal line from below. Two resistance points can be noted on daily chart, first is at 82.65, second at 84.85. As long as the stock trades above its major rising EMAs, stay invested in the stock and enjoy the ride.

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Stratasys, Ltd. SSYS is basing under resistance at $125. Watch for a break through this price level next week to indicate that another push higher will occur.

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I'm going to keep an eye on Facebook Inc FB next week and see how it reacts after today's gains. Technical indicators are bullish. The MACD is above its signal line and rising in positive territory. Slow stochastic is inside its overbought zone and RSI is near touching 70. I think we could see new all-time highs!

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Vringo, Inc. VRNG Put a nice reversal candle today and Stochastic triggered a buy signal. Lets see if it breaks over $3.03 200EMA on Monday. Long set-up on watch.

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DryShips Inc. DRYS could be setting up for a break higher resistance at 3.70. Long and will add on break.

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Himax Technologies, Inc. HIMX continues to hold its ground. Breakout watch over 11.50

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Riverbed Technology, Inc. RVBD is registering oversold readings on daily momentum indicators and could offer some opportunity here, so I will keep the stock position open. In addition, daily chart also shows a Golden cross.

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Dendreon Corporation DNDN continued its strong rally today as the stock closed near the highs of the session, and its highest level since this rally began in mid of November. The uptrend is strong based upon the MACD reading and the AC/DT indicator. Look for a quick run to $3.41 then on to $3.80. Stop 2.88 EMA50

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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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