Stocks To Watch For May 09, 2014

Tesla Motors Inc TSLA Trendline support has been broken on the daily chart with the next target at $172. Technically, the stock is in a Bearish mode with MACD below signal line and the price below all major short-term EMAs.

Mad Catz Interactive, Inc. (USA) MCZ Today's continuation move was just a confirmation of the recent breakout. From the technical chart, MACD and KD both signal positive strength. The stock is now trading above all major EMAs, also a bullish sign. Watch out for the upcoming resistance at 90c

Keurig Green Mountain Inc GMCR broke out descending channel today accompanied by strong volume. Worth eyeing for higher prices.

Gigamon Inc GIMO With the MACD rising sharply following a recent bullish crossover and the RSI just climbing back above the 30% mark, the bounce is gaining momentum. A test of the key resistance at 18.09 is likely. The company has been mentioned as a potential takeover target.

InterDigital, Inc. IDCC made a bearish reversal on Wednesday, however the lack of follow through and the successful test of the 20-day EMA at 34.07 suggest a persistent buying interest. Momentum appears to be building keep a close eye on IDCC tomorrow !

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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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