3 Stocks to watch Tuesday - JA Solar Holdings Co., Rambus and KHD Humboldt Wedag International Limite

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RMBS - Rambus shares surged today on heavy volume after some rumors of a positive court ruling. I'm still believing in a great victory for Rambus if nothing happens before. I keep my long position intact. From a technical standpoint, the stock crossed its 50-day moving average and closed up $1.50 at $18.11. The new bullish trend on my technical daily chart looks good. My model is long, targeting 20. Key resistance is now located at 19.22, a break above this level will confirm the bullish trend, and the following uptrend will take price up to 20 zone. CCI heading up towards 0 line on daily chart. The Relative Strength Index is also moving higher, which is a sign of growing strength in the stock. Also the MACD is giving a positive indication.

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JASO - JA Solar shares surged today after analyst Sunil Gupta, raised his rating on the stock to Overweight from Equal Weight, setting a price target of $5.30. The stock broke its previous resistance at $4.11 by closing at $4.12. The technical indicators are looking better for the stock with MACD indicator near its sell signal line, K line on top of D line and RSI indicator moving up from the 50 level. The current rally should at least push the stock to $4.82 per share where the major resistance is.

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KHD - The daily chart shows new rally has just begun as K line has just crossed on top over D line. In addition low ROC at oversold level should also attracts more buyers. I think the stock will be heading higher. KHD could be a good stock for medium-term investment, based on its historical performance and from the technical indicators. Let's keep an eye on it.

Other Stocks to watch - ( Pattern is Bullish Engulfing )

KR - KROGER CO
COCO - Corinthian Colleges
AVII - AVI BioPharma, Inc
EOG - EOG Resourses
CPN - Calpine Corp
NKE - NIKE INC CL B
DLM - DEL MONTE FOODS
NAT - Nordic Amer
COV - Covidien
LGF - Lions Gate
HSIC - Henry Schein, Inc
SKNY - CREATIVE ENTERPRISE
VIAP - CorAutus Genetics Inc
SRO - DWS RREEF II
EVEP - EV Energy Partners LP
ROCK - Gibraltar Inds
BYDDF - BYD Co Ltd
TDG - Transdigm Group Inc
AVGO - Avago Technologies
URZ - Uranerz Energy Corp
WIW - WESTERN ASSET/CLAY
TUNE - Microtune Inc 1
AI - Arlington Ast In

Other Stocks to Watch - ( Pattern is Bearish Engulfing )

FUQI - Fuqi International Inc
HCBK - Hudson City Bancorp
LINTA - LIBERTY MED INT A
CDNS - CADENCE DESIGN SYS INC
XOMA - XOMA Ltd.
DV - DEVRY INC
ALTH - Allos Therapeutics
TXRH - TEXAS ROADHOUSE INC
CECO - Career Education Co
VGZ - Vista Gold Corp
SBIB - Sterling Bancshares
GTXI - GTX INC
ESI - I T T EDUCATIONAL SVCS
AMCN - AirMedia Group Inc
PSUN - Pacific Sunwear
VCI - VALASSIS COMM INC
DAR - Darling Intl
QDEL - Quidel Corporation
WAL - WESTERN ALLIANCE
CABL - Jaguar Acquisition
RINO - JADE MOUNTAIN CORP
CBAK - China BAK Battery
CYPB - Cypress Bioscience

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 Folks. See you tomorrow !!!
Cheers!

AC

Labels: JASO, KHD, RMBS