Stocks to Watch for March 10, 2016

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Boston Scientific Corporation (NYSE:BSX) The stock continues to hold the $17 level but trade in a narrow range. I plan to buy the stock on a close over the 100-day moving average (currently located at $17.52). On the technical side, MACD and RSI all point to upward trend.

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Fossil Group Inc (NASDAQ:FOSL) has entered into a consolidation phase after rising very fast in the past few weeks. A sideways movement or a small deep is always welcome to work its overbought condition. Immediate support is now at $47.39

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FuelCell Energy Inc (NASDAQ:FCEL) broke out from a sidewards movement with decent volume, creating a significant amount of bullish potential. All indicators still point to a bull market. Keep FCEL on your radar for Thursday’s trading day.

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BlackBerry Ltd (NASDAQ:BBRY) has been under a buying pressure in the last few days, and overall the stock still looks healthy. The daily technical indicators look good at this stage, as seen in the chart above. There is strong resistance around $8.36 and if the stock stock can break through this level, there is a strong chance BBRY can run back to the $8.8-9.10 range.

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Twitter Inc (NYSE:TWTR) The lower trend-line of the ascending channel has been broken which suggests further losses. Use this support level that was broken as resistance for your new stop-loss point on the short.

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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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