For the week of June 10 stocks will try to pick up where they left off last week and they have a good chance of rising further. There has been a new uptrend that formed in the S&P 500 since the big break out. The pattern would indicate that the S&P 500 continues its trend higher and moves towards 2,895.

Russell (RUT)

The Russell 2000 is also gearing up for a potential break out should the index rise above 1,521. It could go on to increase to around 1,565.

Apple (AAPL)

Apple may continue to rise to around $195, I had noted this turn around in the stock last week in a premium article. Apple May Be Overdue For A Bounce

Netflix (NFLX)

I think Netflix continues to rally as well and heads towards $380.

AMD (AMD)

AMD may be due for a pullback next week based on the current pattern. The chart shows a rising wedge pattern, a bearish reversal. I think the stock falls  back to $29.40 this week.

Cisco (CSCO)

Cisco appears to have put in a double bottom this past week and an increase above $57.25 sets up a move higher towards $70 for CSCO.

Facebook (FB)

Facebook may continue to rally this week, but it may limited. FB could increase to a downtrend and resistance around $180.

Acadia (ACAD)

Acadia presents on June 11 at the Goldman Sachs conference, it would be a good day to present some new data too. Regardless the chart still looks bullish with the potential to rise to around $27, as the stock breaks the downtrend.