Stocks To Watch For June 10, 2014 - Micron Technology (NASDAQ:MU)

Twitter Inc TWTR Still watching it, especially after Monday's action. Key resistance is located at $34.89, a break above this level will confirm a new bullish trend and the following uptrend will take price up to $37 zone. The RSI is moving higher, which is a sign of growing strength in the stock. I think its worth adding to your watchlist.

Micron Technology, Inc. MU A bearish rising wedge pattern on daily, with lots of negative divergences. The stock price is near the apex and should give a breakdown soon.

Rambus Inc. RMBS finally broke out of a bull flag to the upside that had been developing since April. $12.68 is an important resistance that once broken, will set off a huge run up in stock.

VirnetX Holding Corporation VHC closed higher today on relative high volume. I think it will surpass recent highs in the near term as the potential for this stock begins to be published. A break of Monday's highs could send it to $18 and better. Keep a close eye on it tomorrow.

AVEO Pharmaceuticals, Inc. AVEO is a stock that I wrote about recently, as one to watch for a potential reversal. Today it saw impressive buying and very little selling closing the day with a gain of 7.84% for the session. From the technical daily chart the MACD and RSI both signal positive strength. This stock remains undervalued IMHO and should be one to watch going forward.

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