Stocks to keep an eye on March 3, 2015

Dear Traders,

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Netflix, Inc. (NASDAQ:NFLX) The daily chart exhibits a potential rising wedge with negative divergences on the RSI and MACD. If new highs are not made the stock may start to correct soon.

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Chegg Inc (NYSE:CHGG) has been flagging bullishly in recent days. A break through the 8.26/8.50 area could accelerate it higher.

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SunPower Corporation (NASDAQ:SPWR) Nice break from a short term consolidation. Watch for a follow-through day and be sure to set a stop just below the 9-day EMA.

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Rambus Inc. (NASDAQ:RMBS) is getting ready to come out of a nice consolidation pattern. The technical chart suggests that stock might find now resistance at $12.40. Only a close above this level would suggest further upside.

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Keep an eye on Plug Power Inc (NASDAQ:PLUG), if the stock price breaks above its 50EMA on heavy volume, then we will know the next major move up is likely.

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Applied Optoelectronics Inc (NASDAQ:AAOI) is very bullish with a lot of hot indicators showing up. The slope of the recent upward move is very steep accompanied by increasing volume. Next buy when clears 13.67 on heavy volume.

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.

Thanks for visiting AC Investor Blog.

AC
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