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Friday, November 06, 2009 

Hot stocks for Friday - Motorola, Crocs and Cell Therapeutics

( click to enlarge )

CTIC could recover to the 1.062 range. There is, however, no sign of the completion of the downward trend that commenced in August. Hold on with a stop-loss at 0.975 . Fresh exposures may be avoided. A close above 1.065 would indicate that the earlier downward trend is complete and that the stock is headed towards higher levels of the 1.18-1.2 range. Keep the stock in your radar.

( click to enlarge )

CROX enjoys a strong support at the 6.18-6.20 zone. A breach of this zone would have negative implications. The near-term trend appears bullish and would remain so, as long as the stock holds above 6.484. Remain invested with a stop-loss at 6.18. The near-term outlook will depend on the price movement in the next few days. A breakout or breakdown may happen soon.

( click to enlarge )

MOT - The short-term uptrend is intact and signals further bullishness on this stock. I recommend a buy.

Other Stocks to Watch today - ( Pattern is Bullish Engulfing )

MXB - MSCI Inc
TGT - TARGET CORP
BBY - BEST BUY CO INC
SWY - SAFEWAY INC
BHP - BHP Billiton Ltd
RTH - RETAIL HLDRS TR
IO - Ion Geophysical
SKM - S K TELECOM CO LTD
ETN - EATON CORP
MDR - MCDERMOTT INTL INC
BJ - BJ'S WHOLESALE CLUB
AHT - ASHFORD HOSPITALITY
DFSH - Defense Solutions
PETM - PETsMART, Inc.
BBL - BHP BILLITON PLC
FMX - FOMENTO ECONOMICO
GCA - GLOBAL CASH ACCESS
CPNO - COPANO ENERGY LLC UTS
SSP - SCRIPPS E W CO
FBN - FURNITURE BRANDS
BNS - Bank of Nova Scotia
WW - WATSON WYATT WLD
CFL - BRINK'S HOME SEC
CML - Compellent Technologies
WRES - WARREN RESOURCES INC
JCOM - JFAX.Com Inc.
TSPT - Transcept Pharmaceutical
XTEX - Crosstex Energy LP
SCS - STEELCASE INC
BAESY - BAES SYS PLC SPONS ADR
OSIR - OSIRIS THERAPEUTICS
EM - Emdeon Inc
ICLR - ICON plc
JOEZ - Innovo Group Inc
WMG - WARNER MUSIC GROUP
EPIQ - EPIQ Systems, Inc.
UBET - Youbet.com, Inc.
KKD - Krispy Kreme
NSIT - Insight Enterprises
ISF - ING Group NV

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 later !!!
Cheers!

AC

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Now the tech sector has shown some recovery. Thanks to continous effort fram government. The recession is over now.

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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