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Stocks to Watch for April 13, 2016

Tuesday, April 12, 2016 15:04

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Seadrill Ltd (NYSE:SDRL) printed a strong bullish candle on Tuesday, showing huge buying pressure and the stock looks to be on the cusp of a big breakout to the upside. Some technical indicators are turning up here. Further strength above $4.02 opens the door to +$5.50. Put her on your radar.

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VirnetX Holding Corporation (NYSEMKT:VHC) has started to bounce and broke out of a descending channel formation today closing above resistance 4.50 level. The stock seems to be ready for another run up.

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Kandi Technologies Group Inc (NASDAQ:KNDI) is looking nice. Volume is picking up again. Next buy when clears 7.60 on volume.

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Itau Unibanco Holding SA (NYSE:ITUB) finally broke through resistance at 9.20 today. Looks good for higher prices. Stop 8.75

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Kellogg Company (NYSE:K) may be setting up to make new highs. Next buy area is when the stock clears 78.10 on heavy volume. Stop 73.96

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The Oil sector is on fire and Apache Corporation (NYSE:APA) is no exception. It has a strong chart.

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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.

Thanks for visiting AC Investor Blog.

AC

Source: http://ac-investor.blogspot.com/2016/04/stocks-to-watch-for-april-13-2016.html

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