US Stock Pick of the day and analysis

EXPEDIA INC DEL

Recommendation      :          Buy above $89.26
Target                      :          $91.50

STOCK SUMMARY:-
Expedia Inc del is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $89.26 which is a near term resistance level for the stock, and if it manages to breach this level further bullish movement is expected in this stock to test the levels of 89.26.

CHART FORMATIONStock is in bullish trend for near term and price is sustaining above trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $89.26 is expected, which would trigger further bullish sentiment in the stock to test the levels of $91.50.

Technical Chart

INDICATORS:-RSI is trading with positive bias and is sustaining above the level of 50.
In MACD, signal line is sustaining above MACD line which  is indicating bullish sentiment in the stock.

US Stock Pick of the Day and Technical Analysis

MATTEL INC

Stock Pick of the Day

Recommendation    :            Buy above $31.91
Target                     :           $34.50

STOCK SUMMARY:-
Mattel Inc is overall in consolidate trend and is sustaining at lower levels on chart. Traders can buy the stock above the level of $31.91 which is a near term resistance level for the stock, and if it manages to breach this level further bullish movement is expected in this stock to test the levels of $34.50.

CHART FORMATION
Stock is in bullish trend for near term and price is sustaining below trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $31.91 is expected, which would trigger further bullish sentiment in the stock to test the levels of $34.50.

Technical Chart

INDICATORS:-
RSI is trading with positive bias and is sustaining above the level of 50.
In MACD, signal line is sustaining above MACD line which  is indicating bullish sentiment in the stock.

NYSE stocks analysis

 

US stock market overview

U.S. Stock market again ended on a bullish note on Friday, to end the whole week in green. The latest numbers for GDP has also indicated that the economy is growing at a stabilized rate. With positive sign of not increasing interest rate till the start of next year has boosted the market sentiments positively. With manufacturing data due on Monday it is expected to keep up the good pace in the economy to help bulls takeover the market.

For free stock picks trial click here 

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Imperva	40.99	26.20
Spansion CI A	20.63	24.80
GAIN Capital Holdings	08.54	21.14
Universal Insurance Holdings	17.35	15.74
Verso Paper	02.86	15.32

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Regional Management	11.75	34.69
Niska Gas Storage Partners	05.81	20.08
Kinross Gold	02.15	13.45
Yamana Gold	03.96	11.21
Tempur Sealy International	52.74	10.16

U.S. stock pick of the day : WELLS FARGO & CO NEW

Recommendation    : Buy above $52.30
 

Target                     : $54.50

For free stock picks trial click here 

STOCK SUMMARY:-

Wells Fargo & Co is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $52.30 which is a near term resistance level for the stock, and if it manages to breach this level further bullish movement is expected in this stock to test the levels of $54.50.

CHART FORMATION

Stock is in bullish trend for near term and price is sustaining above the trend line, with inverse Head and Shoulder pattern and good consolidation on daily intraday chart. Near term breach of resistance level of $52.30 is expected, which would trigger bullish sentiment in the stock to test the levels of $54.50.

INDICATORS:-

RSI is trading with positive bias and is sustaining above the level of 50.
In MACD, signal line is sustaining above MACD line which  is indicating bullish sentiment in the stock.