` Gary Investing Blog: 2 Stocks with strong uptrend and one with downtrend: BAC WIN CREE

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Monday, April 15, 2013

2 Stocks with strong uptrend and one with downtrend: BAC WIN CREE

 Bank of America. Corp (NYSE: BAC) has pulled back a little below MA(50) last week. Uptrend has not yet broken. Watch how MA(50) and Bullish MACD crossover plays. BAC should be jumping again in no time.

Windstream Corp. (NASDAQ: WIN) had a death cross last week. WIN has bounced back a little bit and MA(50), if not MA(200) should be a very huge resistance. I am looking to open a short position when it reaches $9.00 with a stop at $9.50.

Keep CREE on your radar is due for a break above. Closing above $55.66 with a bullish MACD crossover will be a very bullish signal. CREE jumps two times with a gap since 2013 with huge volume.

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