( click to enlarge )eBay Inc (NASDAQ:EBAY) hit a new 52-week high today trading as high as $50.94, before settling at a close of $50.83. I will be watching the stock on Friday looking for a follow through move. As long as the stock stay above $47.77, the bullish scenario still intact. Technical chart shows very strong bullish sign. First of all, the stock is trading above both 50-day and 200-day moving average with both moving average pointing upwards. Then the MACD indicator made an upward crossover and back above zero indicating strong bullish momentum. Lastly, stochastics are moving up all above 20.
( click to enlarge ) Hudson City Bancorp, Inc. (NASDAQ:HCBK) has rallied from below $6 to above $8.75 in just three months, a gain of over 45%. The technical chart above shows very strong upward momentum as the stock is trading above the 50 day moving average with both 50-day and 200-day moving average going up. At this point I will be a buyer only once it breaks through Thursday’s high of $8.79 for the continuation move. Stochastics and the RSI are overbought but remain bullish signaling. 
( click to enlarge ) KB Home (NYSE:KBH) Holding its breakout breakout level of $16.30 will be the key if bulls want the recent rally to continue. Momentum oscillators like MACD has improved and trading in bullish territory. I would consider being buyers around $16.30 with stop loss at $15.05 for a target of $19.10 
( click to enlarge ) Companhia Siderurgica Nacional (NYSE:SID) closed at $5.78, up 8 cents points for the day reconfirming the new uptrend after the recent break above the 50-day sma on expanding volume. For now, expect a run up to next resistance area around $5.92. If the stock is able to cross it and sustain above it, then it might go to $6.2. Support lies around $5.25. During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time. 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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