Saturday, September 8, 2012

DailyMarkets.com - Momentum Stocks To Watch For Week Of September 10, 2012

DailyMarkets.com - Momentum Stocks To Watch For Week Of September 10, 2012


Momentum Stocks To Watch For Week Of September 10, 2012

Posted: 08 Sep 2012 07:24 AM PDT

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Regions Financial Corporation (NYSE:RF) broke out of a one-month consolidation pattern above $7.17 on really good volume. Look for follow-through on Monday with increasing volume to confirm Friday’s move.

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Alcoa Inc. (NYSE:AA) broke through that critical $9 level on Friday and looks to be heading higher.  Additionally, there is a “buy” signal indicated from MACD. The next resistance level to watch is at 9.24 (200-SMA). Above this level … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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