Stock Picks And Trade Ideas For Tuesday - JAVA, AAPL, APOL, MRVL

New York London GMT Tokyo Singapore

Stock Picks And Trade Ideas For Tuesday - JAVA, AAPL, APOL, MRVL

By Antonio Costa on July 15, 2008 | More Posts By Antonio Costa | Author's Website

Chart courtesy of stockcharts ( click to enlarge )

Marvell Technology Group (MRVL) formed a falling price channel correction over the last two weeks and a move above $16.20 would be bullish. The technical chart shows possibility of new rally as the stock bounced up after dropping back to 200 day moving average. In addition K line has just crossed on top over D line showing buy signal as ROC is at oversold level. Stay tuned on her.

Chart courtesy of stockcharts ( click to enlarge )

Apollo Group (APOL) rallied early in July and then consolidated. Watch $56 up and $52 down. Important note to consider : K line is falling below D line, generally a bearish signal.

Chart courtesy of stockcharts ( click to enlarge )

Apple (AAPL) - Buy the stock only when it moves beyond the resistance level of $180.26 on a close basis ( 50-day moving average ).

Chart courtesy of stockcharts ( click to enlarge )

Sun Microsystems (JAVA) - Daily chart above shows that it is still to early to say that the downtrend has ended. According to the technical chart, shares of Sun Microsystems have been trading below both 50 day and 200 day moving average, a very bearish sign. Negative MACD also indicates that the stock is a sell. Please beware of the KD line which is now at 14 and could signal a buy when it begins to rise.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.

Check Out These Related Posts:

If you like this article please...

Subscribe by RSS Subscribe by Email

Email This Post To A Friend

Recent News:

*S. Korean Oct. Producer Prices Down 3.1% On Year Vs. 2.6% Fall In Sep. - 2 mins ago
*S. Korean Oct. Producer Prices Fall 0.8% On Month - 4 mins ago
India’s Economy Set To Grow Above 7% In 2011: PM - 19 mins ago
Asian Markets Mostly Up In Positive Territory - 28 mins ago
Indian Market May Open Higher On Positive Asian Cues - 31 mins ago

Opinions From Our Contributors

Commodities US Dollar Tops, While Precious Metal Stocks Bottom: There’s More To Seasonality Than Summer Doldrums ‘Worst Is Behind Us,’ UH Economist Says Non Farm Payrolls To Bring The Bears Out Eight Months Into The Rally, What’s Next For The US Stock Market And Gold? Update: Gold’s Expanding Arc In Daily Chart Back To Bubble Land Fuel Your Stock Portfolio With BHP Billiton: The Best-Run Commodities Company In The World Will Gold’s Historic Bull Run Spill Over Into Silver? Gold, Silver, Oil And Natural Gas Have Gone Wild! Why Now Is The Time To Buy All Things Silver! Read More »	Financials Stock Picks For Monday: Citigroup, JDS Uniphase And General Electric Are Discount Broker Shares Worth Owning? Investment News Briefs: UBS Fined $13.3 Million; Exxon And Shell Sign Iraq Oil Contract; Shares Of Ancestry.com Soar On IPO Retaining Risk On Wall Street: Necessary But Painful A Still-Safe 18% Dividend In “Virtual Banks” Goldman Sachs ‘Shooting Fish In A Barrel’ Warren Buffett Goes “All In” On America… How To Play The Oracle’s Big Bet IASB At Odds With FASB On ‘Extend And Pretend’ Option Traders Suggest Further Retail Sector Weakness JPMorgan Settles SEC Charges, Agrees To Pay More Than $700 Million Read More »	Exchange Traded Funds Rydex Market Timer Funds: Extremely Mixed ETFs To Cover What Warren Buffett Is Buying 10 Reasons ETF Tracking Error Occurs Law Firm Files Class Action Lawsuit On Behalf Of Investors In ProShares Ultra Oil & Gas Fund (DIG) 6 Reasons To Watch China’s ETFs Five Tips For Trading ETFs The Carry Trade: What Is It And How To Play It? Midday Market Update: Jobs Report Cheers Wall Street Gold ETF: With Each Push Higher, Volume Has Been Declining Gold To Continue Its Record Run As Central Banks Stock Up Read More »
Stocks Combining Bollinger Bands On Rates Of Change In The VIX Is Another Bubble Building In Stocks, Commodities And Currencies? Month To Date Market Review S&P 500: Market Is Strong, But Correction Should Continue Doctor Up Your Portfolio With This Medical Communications Company Dendreon Corp.: Put This Promising Biotech Stock On Your Watch List Has Asia Dethroned Detroit As The Auto Sector Leader? Three Marketing Giants Adjust To The New “Post-Crash” Reality Market’s Reaction To The US Unemployment Report: Neither A Buyer Nor Seller Be Stock Market Movers: Nvidia, Blue Coat Systems, The Clorox Company Read More »	Forex Dollars And Books Revisited Weak U.S. Economy May Not Mean Weak Dollar This Time Australian Dollar: The Downside Prevails Canadian Dollar: Caution USD/JPY Moves Below The 89.82 Level As Stocks Move Back And Forth Swiss Franc: The Downside Prevails Japanese Yen: Under Pressure British Pound: The Downside Prevails Euro: Under Pressure Friday’s Forex Outlook Read More »	Economy Stimulus Is Only Stimulating “Economic Misery” The Problems With “Printing Your Way Out Of Debt” US Unemployment Rate Up Unexpectedly At 10.2%: Is The Economic Rebound A “Jobless Recovery”? US Commercial Property Sector: A Tsunami Of Red Ink Interesting Articles To Read US Unemployment Rate Troubling, But … Cartoon: It’s Still The Economy, Stupid Extension Of US Unemployment Benefits: Will That Really Benefit The Overall Economy? The Economic Implications Of Being Out Of Work For Six Months Or More Fed Signals “All Systems Go” For More Inflation Read More »