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Stocks To Watch For June 27, 2014

by
June 27, 2014 7:54 am
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MagneGas Corporation (NASDAQ: MNGA) The bias remains bullish in nearest term as long as the stock holds above the 100-day EMA. Traders can hold the stock with a stop at this level imo.

Universal Display Corporation (NASDAQ: OLED) has been pulling back after a sharp rally early this month up to the $31 area and to me, looks to have found a nice support level in the $28.5 to $29 area. After the close, Goldman Sachs reiterated a Buy rating on the stock and raised its price target to $44. News out this afternoon could continue the upward trend and makes OLED a stock to keep on your watch list tomorrow.

First Solar, Inc. (NASDAQ: FSLR) Looks like it wants to break this horizontal resistance line. Be ready to go long when it does.

IsoRay, Inc. (NYSEMKT:ISR) The buy/add point would be when it breaks over 3.26 on heavy volume.

Amkor Technology, Inc. (NASDAQ: AMKR) has a lot more downside to come IMHO. Broke down on heavy volume and could see 10's soon.

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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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