Stocks Watchlist For Wednesday, October 17
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OmniVision Technologies, Inc. (NASDAQ:OVTI) Congratulations to all of you that took advantage of this pick. Patience is a Virtue ;) Tomorrow, we should see a follow-through towards a test of key resistance at 15.
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Ford Motor Company (NYSE:F) broke through resistance and out of a small flag formation. Looks good to go here. Resistance is $10.82, which reflects its 200-day sma. Once the stock breaks resistance, I expect to see the buyer push the stock higher.
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Today First Solar, Inc. (NASDAQ:FSLR) broke and closed above its 200 day moving average with high volume. Short-term technical indicators are improving and the MACD on the daily chart produced a new buy signal. If the stock can break Tuesday’s high, we should see a strong follow through move. FSLR will move very quickly, so keep a very close eye on the stock.
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Kodiak Oil & Gas Corp (NYSE:KOG) Breaking out to the upside from its recent consolidation. I expect to see a continuation move tomorrow. Next resistance lies at $9.92
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Tellabs, Inc. (NASDAQ:TLAB) has had a rough time over the past weeks, but today’s bounce could be the first move to recovery. I'm using $2.48 as resistance for this upside move. If the stock can break through this level, we should see a reversal of this down trend. Stay tuned !
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charts provided here are not
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AC
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AC
Labels: F, FSLR, KOG, OVTI, TLAB
