Stock Picks And Trade Ideas For Thursday: Netflix, Amphenol & Rambus

Chart courtesy of www.stockcharts.com ( click to enlarge )

Amphenol Corporation (APH) looks strong enough to move forward. Today was a good example !!! Looking at the technical chart the stock has been doing very well recently, as K line is on top of D line with MACD on top of signal line. Now that the stock is above 50 day moving average more buyers should be coming. The price can head towards the 29-29.77 zone. If this zone is surpassed, getting to $30.43 would be a possibility.

Chart courtesy of www.stockcharts.com ( click to enlarge )

Netflix (NFLX) just broke out of a short consolidation phase. Looking at the technical chart, the stock shows a continuation of the trend with MACD and RSI in Bullish areas. The RSI value is currently above 50 but it has not reached the overbought region. NFLX is now a stock in a Breakout mode.

Chart courtesy of www.stockcharts.com ( click to enlarge )

Rambus (RMBS) - In line with my anticipation, the stock gained on Wednesday accompanied with average volumes. The stock confirmed today the reversal when it broke up above the $9.91 level. The MACD had just cut above its signal line. +DI is above -DI and ADX is beginning to bottom out. The stock price is now riding on an upward movement. Technically, I would still buy the stock, and act accordingly and watch now the $12 level. The RSI is not overbought yet, so the way should be clear to higher levels.

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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