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Stocks to Watch for October 22, 2014

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FireEye Inc (NASDAQ:FEYE) is approaching a strong resistance line. A break of 30.82 would continue the momentum of its uptrend with a short term target at 36.85. The Relative Strength Index is moving higher, which is a sign of growing strength in the stock. Also the MACD is giving a positive indication. FEYE will move quickly, so keep it on your screen on Wednesday.

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Sino-Global Shipping America, Ltd. (NASDAQ:SINO) The stock closed up 31 cents to 2.04 Today on decent volume. If the stock can break through $2.09 tomorrow, we should see a strong upside move. All indicators are in favor of an upward price movement.

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TOP SHIPS Inc (NASDAQ:TOPS) made a nice move today and it was with an increase in volume, which shows us there are buyers in the stock. The MACD has generated a buy signal and is currently near to cross the 0 line. This momentum could push this stock much higher from here, so keep TOPS on your radar for Wednesday’s trading day, as there is good upside potential in this move.

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Zynga Inc (NASDAQ:ZNGA) appears to be stabilizing and is in a mini uptrend. I am watching out for a close above 2.51 (EMA20). I expect to see volume increase once the stock breaks resistance. Let's keep an eye on ZNGA as i think momentum will pick up again.

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Facebook Inc (NASDAQ:FB) Looks poised to breakout to new highs.

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Palo Alto Networks Inc (NYSE:PANW) Strong volume on up days. Worth watching for a breakout.

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Automatic Data Processing (NASDAQ:ADP) Looks like it is getting ready for a breakout soon. I hope we break 75.04 with huge volume.

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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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AC
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