Hot Stocks For Next Week

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(RFMD) - The stock broke consolidation resistance with heavy volume. The technical chart shows buyers are back. With the surge today K line is again on top over D line showing the stock is back to new rally. This is what strong stocks generally do in a rebound : break resistance, hold the breakout and continue higher. A move towards $5 can be expected as long as $4 holds. I would like to see at least a move above $4.28 before betting on a pull back.

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(AAPL) is getting a battle with resistance at $190. The stock has been consolidating for weeks now, and may be ready to clear this base. The Technical chart shows positive sign as the stock has been above 200-day moving average since mid April and has formed golden cross earlier May. Golden cross is when 50 day MA cross on top over 200 MA and is a very bullish buy signal.

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(SOLF) breakout !!! The triangle represents a consolidation or rest after an advance. The breakout signals a continuation of the prior advance. Even though I find the breakout bullish, I also find Solar stocks a bit overextended. As long as $21 holds, this breakout is in great shape. A move below $20.80 would question the breakout and further weakness below $20.03 would be outright bearish.

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(SPWR) - The daily chart shows possible new rally as K line has crossed on top over D line while ROC is still at oversold level. However it is better to wait and see if the stock can break above 50 day moving average.

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(HOLX) - Looking very good but the stock might consolidate in short term.

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(COMS) - 3Com Corp is firming just above key support at $2.51 and a triangle has taken shape over the last few weeks. This is a neutral pattern dependent on a break to establish a directional bias. A break below $2.39 would signal a decline and be quite bearish, on the other hand a breakout at $2.60 would be bullish.Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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