December 15th, 2015

Stocks to Watch for September 25, 2014

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Earlier in the afternoon, I tweeted the potential brekout. Shares of ShoreTel Inc (NASDAQ:SHOR) closed strong above the 200-day EMA accompanied by strong volume. This momentum could push this stock much higher from here. Next resistance is now seen at $7.20.

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TGC Industries Inc (NASDAQ:TGE) broke out of a rounding bottom pattern today and could go to $5 very soon. The stock looks bullish on charts. The MACD crossed above the zero line, RSI is moving up and above its 50% level. All short-term EMAs are moving up and stochastic is also moving up and above its 50% level.

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Neonode, Inc (NASDAQ:NEON) Not a good looking chart, but insiders are buying a lot of shares at current levels. They must know something positive about the company. Keep it on watch.

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WidePoint Corporation (NYSEMKT:WYY) is quietly gaining momentum. The stock looks ready to break a recent high of $1.80. If it can manage a breakout above this level on high volume, it would be a great buying opportunity but only on a breakout. Keep it on your watch list going forward.

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Biogen Idec Inc (NASDAQ:BIIB) is building a nice optimistic formation under resistance at $349. Watch for a break through that price level to indicate that another push higher will occur. Support at $332

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After a slow start this morning, Martin Marietta Materials, Inc. (NYSE:MLM)saw its high of the day at 132.31 up 1.8% and showing strong bid support. Looks like it is getting ready for another breakout soon. Good upside volume on the daily chart. On watch.

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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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