Stock Picks and Trade Ideas for Tuesday - PWAV, COMS, NVDA, BRO, FSLR

Chart courtesy of stockcharts ( click to enlarge ) FSLR - The stock will retract to the $287.65 level and try to establish support there. If support holds, then it'll advance again to a new high, but if support fails, then the next level of support is at $260. Any fall below $279 will ring my alarm bells and a break below $260 would signal a definite reversal. Chart courtesy of stockcharts ( click to enlarge ) BRO pulled back to double support at the previous breakout area. They had a nice move last week confirming support. Let's keep an eye on her, because looks like it will make a run. Chart courtesy of stockcharts ( click to enlarge ) NVDA - The stock might pull back to test the breakout. If that occurs, look for support right around $23. But if that support level fails to hold, then the next level of support is $22. Chart courtesy of stockcharts ( click to enlarge ) COMS - The 20 day moving average is showing a positive gradient and is rising since middle of Apr. This is a bullish sign. In addition, the Bollinger is showing a slightly upward channel. Chart courtesy of stockcharts ( click to enlarge ) PWAV - The stock is showing signs of exhaustion. Latest candle is not a good signal for Bulls ( Doji ). This speaks of a market in transition and a stock that isn’t quite sure of its direction. Further, a doji candle does warn that we could see a change in direction of the stock. In addition, the %K line has crossed below %D, giving a sell signal. The %K line has also turned down and that means PWAV is losing positive momentum or the up trend is coming to an end. Stay tuned on her. Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples. That's All. Have a nice evening !!! AC