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[Costa]

The stock price brokeout from an ascending triangle with solid volume. Target price is at 9.60. Watch out for the resistance at $9 (100EMA) if this level is breached with high volume, then the stock price would be heading towards its target at 9.60. From a technical standpoint, the MACD is rising in positive territory indicating that the uptrend is intact and the AC/DT line is now signalling an upwards trend. The Parabolic SAR indicator continues with its buy signal. Long Setup.

Stocks to Watch for January 22, 2014