logo
  Join        Login             Stock Quote

Stock To Buy On Monday & Earning Reports To Watch ( AMAT,THQ,GIGM ) Giga Media , Applied Materials

 March 14, 2010 04:34 PM
 


Applied Materials (AMAT) - Above is a daily chart of the AMAT showing a breakout failure and the subsequent fall back into the base. It looks like it is gonna squeeze some shorts to me. The technical chart shows the stock is currently in the rally as %K line is rising on top of %D line, indicate buy signal. Shareholders may remain invested with a stop- loss at $12.27. Watch for the move out of either side of the triangle.

( click to enlarge )
THQ (THQI) - Above is a daily chart of THQI. The stock been in a healthy uptrend and recently has been trading sideways in a range. This type of pattern can be classified as an ascending triangle and usually resolves itself as a continuation pattern. Closing above 6.60 would be a step in the right direction. Some traders may wish to wait for the stock to clear the triangle, but the risk/reward ratio is better down here. I'm keeping an eye on THQI to see if the move is higher.

( click to enlarge )
GigaMedia (GIGM) looks like it is in the process of developing a bull flag or pennant and the breakout should be a nice one if it can hold up.

Next Page >>1234
iOnTheMarket Premium
Advertisement

Advertisement


Comments Closed


rss feed

Latest Stories

article imageApple Inc. (AAPL) Q3 Earnings Preview: A Hiccup in Sentiment?

Apple Inc. (NASDAQ:AAPL) will post its third-quarter 2014 financial results and business after the market read on...

article imageChipotle Mexican Grill, Inc. (CMG) Q2 Earnings Preview: Will Higher Traffic Offset Higher Costs the Key

Chipotle Mexican Grill, Inc. (NYSE:CMG) will host a conference call to discuss second quarter 2014 read on...

article imageNetflix, Inc. (NFLX) Q2 Earnings Preview: The Ruby Month for a Reason

Netflix, Inc. (NASDAQ:NFLX) will post its second-quarter 2014 financial results and business outlook on its read on...

article imageLadenburg Thalmann Financial Services (NYSEMKT:LTS): Heavy, Durable Insider Buying

Ahh, but any worries over price levels didn’t stop multiple insiders at Ladenburg Thalmann Financial read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.