( click to enlarge )NVIDIA Corporation (NASDAQ:NVDA) confirmed my previous analyse and broke decisively above its 200-day MA today. From here we can expect a run to the 13 area and from there we could see an explosive upsurge to $13.5 and better. Daily technical indicators are turning up. Hold with a stop at the level of the 50-day MA. Add more on a convincing break out above the 13 level. Long setup.
( click to enlarge )Rite Aid Corporation (NYSE:RAD) is setting up nicely to break into new highs. Buy point would be on the day it blows through $1.95 on heavy volume.
( click to enlarge )Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) STRONG breakout of resistance on volume confirmation. The triangle on chart represents a consolidation/rest after an advance. The breakout signals a continuation of the prior advance. As long as 4.75 holds, this breakout is in great shape.
( click to enlarge )Astex Pharmaceuticals, Inc. (NASDAQ:ASTX) had good volume and a nice candlestick on friday. Daily technical indicators are bullish. The MACD is positive and has crossed above its signal. The RSI and slow stochastic have climbed above their 50% levels. Breakout watch over 4.58
( click to enlarge )Radian Group Inc (NYSE:RDN) had a nice surge a few weeks ago and has been consolidating that move since then. Looking good for higher prices, watch for break above consolidation area and go long.
( click to enlarge )Vringo, Inc.(NYSEAMEX:VRNG) Rallied hard Friday on heavy volume. If it clears back over 3.43 (50-day MA), may have some good upside.
( click to enlarge )Sprint Nextel Corporation (NYSE:S looks ready to make new highs. On the technical side, the chart looks very good here. MACD is positive and above its rising signal line. The 9 day and 20 day SMAs are both rising with the stock trading above them. Breakout watch over 6.22
( click to enlarge )Active Network Inc (NYSE:ACTV) looks like it may have found a bottom already, keep on watch.
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