JimVanMeerten (48.56)

3 NASDAQ Stocks with Juice

May 11, 2012 – Comments (0) | RELATED TICKERS: STX , EBAY , BIIB

Even in a weak market there are still good opportunities.  This morning I used Barchart to screen the NASDAQ 100 stocks to find 3 that still have some juice left and found Seagate Technology (STX), Ebay (EBAY) and Biogen Idec (BIIB)

Seagate Technology (STX)

Barchart technical indicators:

1 - 80% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 10 new highs and up 22.74% in the last month

5 - Relative Strength Index 60.67%

6 - Barchart computes a technical support level at 30.36

7 - Recently traded at 31.47 with a 50 day moving average of 28.35

Ebay (EBAY)

Barchart technical indicators:

1 - 96% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 4 new highs and up 16.18% in the last month

5 - Relative Strength Index 63.36%

6 - Barchart computes a technical support level at 40.50

7 - Recently traded at 41.21 with a 50 day moving average of 37.80

Biogeb Idec (BIIB)

Barchart technical indicators:

1 - 96% Barchart technical buy signal

2 - Trend Spotter buy signal

3 - Above its 20, 50 and 100 day moving averages

4 - 9 new highs and up 7.43% in the last month

5 - Relative Strength Index 62.67%

6 - Barchart computes a technical support level at 132.13

7 - Recently traded at 134.31 with a 50 day moving average of 125.73