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Tuesday's Stocks To Watch, May 22 2012

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Apple Inc. (NASDAQ:AAPL) - The dip last week to $522 might have been an amazing opportunity for investors to snag a few shares of one of the best stocks out there. From a technical standpoint, the rally is back again as %K line has just crossed on top over %D line and stock is back above 10-day moving average, a positive signal. The short-term outlook would remain bullish as long as the price holds above the stop-loss level of $522. This technical chart still looks like this reversal has more legs to it and this rally could take the stock to $575 - $590 before months end.
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Groupon Inc (NASDAQ:GRPN) I would like to see this close over $13.71 before getting involved.
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When I alerted this stock to my twitter followers this morning, I felt InterDigital, Inc. (NASDAQ:IDCC) had a great chance of rallying. The stock closed with a gain of 5.24 per cent at 26.72 but still trading near 52 week lows and has fallen dramatically from its peak levels. At some point, I think it will post an impressive rally. Recent filings indicate institutions are anxious to take advantage of the low share price. John Paulson's Paulson & Co is now largest holder with 9.02% increased its stake 35% last quarter. I suggest you keep this stock on your radar this year.
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 IDCC Insitutional Holdings ( from Nasdaq listings)
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Rosetta Genomics Ltd. (USA) (NASDAQ:ROSG) stock is up some 400% off its lows and showing no signs of stopping. Things to watch out for tomorrow is the $8.3 level acting as resistance and the gap formed between 5.85 and 6.2
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Pharmacyclics, Inc. (NASDAQ:PCYC) Broke out to new highs today on solid volume. I think we will see some nice follow through tomorrow.
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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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AC
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