Stocks to keep an eye on March 12, 2015

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Himax Technologies, Inc. (NASDAQ:HIMX) just turned bullish on daily charts. The stock price is currently trading just below its 200-day EMA and likely to cross it soon. Technical daily indicators are supporting the bulls. The RSI crossed over the 50% level favoring an upswing and MACD has triggered a buy signal. The stock could be making another move to $8.28 and we could see a break there. Keep this stock on watch.

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Pacific Ethanol Inc (NASDAQ:PEIX) attempted to push lower today but found a good support around its 13EMA and closed the session with a gain of 2.88%. This fact keeps the bullish outlook intact. A clear break above the $11 area tomorrow could trigger further bullish pressure testing 11.95-12.16 area. I think that it will resume its climb. The technical daily chart still shows bullish sign as the stock is trading above 50-day exponential moving average with MACD above the zero line.

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Goldman Sachs Group Inc (NYSE:GS) The daily chart is showing a potential Bullish Inverted Head and Shoulder pattern with a neckline around 191. Price may be working on the right shoulder.

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We're on the verge of a possible breakout in the shares of Cardica, Inc. (NASDAQ:CRDC). The stock finished the day up 5.47% on huge volume of over 1 million of shares exchanging hands on the day. The increase in A/D suggests buyers are accumulating stock. hat bodes well for a breakout. Likely to accelerate on a break above resistance at 63c


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
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