( click to enlarge )United States Steel Corporation (NYSE:X), which has been building momentum since mid-November, broke out of its bullish consolidation on Friday after the U.S. Commerce Department recommended tariffs on steel from other countries. If it breaks Friday's high of the day in the 45.44 area and closed above it next week, the stock could retest the 2011 highs in the 55-60 area within the next couple of weeks.
( click to enlarge )AK Steel Holding Corporation (NYSE:AKS) Another steel name with a good looking chart. The stock broke decisively above its 200-day EMA on Friday and we could see further upside. From here we can expect a run to the 6.8 area and from there we could see an explosive upsurge to $8 and better. Daily technical indicators are turning up. Hold with a stop at the level of the 20-day EMA. Add more on a convincing break out above the 6.8 level. Long setup on watch.
( click to enlarge )Apple Inc. (NASDAQ:AAPL) burned a lot of shorts last week and i have a feeling that the V-bounce pattern that i have been mentioned on Twitter will be materialized very soon. Technical daily indicators are looking bullish and with the MACD rising sharply above its signal line the upward momentum could continue next week.
( click to enlarge )Steel Dynamics, Inc. (NASDAQ:STLD) Strong breakout of resistance on volume confirmation. Looks good for higher prices. Volume activity provides a powerful confirmation of price signals.
( click to enlarge )Roku Inc (NASDAQ:ROKU) confirmed my previous analyse on Twitter and broke the trading range to the uspide. The stock seems to be ready for another run up. Some technicals are turning up as well. Further strength above 51 opens the door to 55. Put her on your radar. Could see further upside continuation.
( click to enlarge )Watch carefully this potential bottom pattern in Yield10 Bioscience Inc (NASDAQ:YTEN). The stock has room for a significant uptick beyond these levels. The technical indicators are starting to look bullish again. RSI is moving up and the MACD has a bullish crossover. This stock should be on your watchlist next week. It has also a nice gap to fill on daily. Im long.
( click to enlarge )Neuralstem, Inc. (NASDAQ:CUR) has started to bounce and broke out from a descending channel Friday closing above resistance of 1.60. Chart is screaming for a bounce opportunity and I think we can see some nice moves next week. Further strength above 1.68 opens the door to 2.16. CUR will move very quickly, so keep the stock on your screen throughout the day on Tuesday. Keep on watch.
( click to enlarge )Eastman Kodak Company Common New (NYSE:KODK) starts showing buy signals again. The MACD has reversed the course and the stock finally closed the week above the 50 and 100 EMAs, usually a Bullish signal. Wait for it to break 7.5 on heavy volume or buy on the pullbacks above 6 with it as a stop.
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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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AC
