US Hot stocks - Nanometrics Incorporated and Cell Therapeutics

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NANO made a significant bearish momentum today, bottomed at 12.55 and closed at 12.67. This fact should be seen as potential further bearish reversal scenario with technical target around 12.14 and 11.90. The bias is neutral in nearest term as we might see dowside correction. CCI is in overbought area and heading down on daily chart suggesting potential downside pullback testing 12 area. As long as price stay above that area, the bullish scenario should remains intact. The stock still facing a key resistance at 13.50 levels. I recommend a buy only when the stock breaches this resistance.

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CTIC reversed strongly to move to my short-term support at $1.13. Although this trend is not encouraging, the near-term outlook stays Bullish till the stock closes conclusively below $1.055 on heavy volume. A cautious bullish bias is warranted above the breakout point of 1.01 with focus on 1.055. In addition, the short term technical indicators also reversed and started showing a downside potential for the stock.

Other Stocks to Watch :

Stocks that have a Bullish Engulfing pattern at the end of their daily chart.

VZ - Verizon Communications
LOW - LOWES COMPANIES INC
NYT - New York Times Co
FIG - Fortress Investment
AEO - American Eagle Outf
EOG - EOG Resourses
COV - Covidien Plc
AYE - ALLEGHENY ENERGY INC
DISCA - Discovery Holdings
CNC - Centene Corporation
BMRN - BioMarin Pharmaceutical
CREE - Cree, Inc.
DPL - D P L INC
IMN - IMATION CORP
NFLX - Netflix, Inc.
DLTR - Dollar Tree Inc
HSIC - Henry Schein, Inc.
XCEL - Xcellink International
WX - WuXi PharmaTech Cay
MIN - M F S INTERMEDIATE
SCSS - Select Comfort Corp
ENOC - EnerNOC Inc
VISN - VisionChina Media Inc
TRI - THOMSON CORP
CPO - CORN PRODUCTS INTL INC

Stocks that have a Berish Engulfing pattern at the end of their daily chart.

ATVI - Activision, Inc.
MS - Morgan Stanley Dean
NVDA - NVIDIA Corporation
FITB - Fifth Third Bancorp
SCHW - CHARLES SCHWAB CORP
NTAP - NetApp Inc
JNPR - Juniper Networks
STT - STATE STREET CORP
TER - TERADYNE INC
ZION - Zions Bancorporation
HUN - HUNTSMAN CORPORATION
PNC - PNC Financial Servi
DE - DEERE & CO
PMCS - PMC - Sierra, Inc.
COCO - Corinthian Colleges
FSYS - IMPCO Technologies
ABB - ABB LTD
CAG - CONAGRA INC
SEED - ORIGIN AGRITECH LIM
CY - Cypress Semiconductor
TXT - TEXTRON INC
INCY - Incyte Genomics Inc.
TLB - TALBOTS INC
LULU - lululemon athletical
DF - DEAN FOODS INC
ROVI - Macrovision Corporation
BG - BUNGE LTD
DSX - DIANA SHIPPING INC
JEF - JEFFERIES GROUP INC
BPW - BPW Acquisition Corp
LIWA - Lihua International
FWLT - Foster Wheelr Ag
SLG - SL Green Realty Corp
BPO - BROOKFIELD PROPERTI
GNK - GENCO SHIPPING & TR
GNTX - Gentex Corporation
VCLK - ValueClick, Inc.
APH - AMPHENOL CORP
RDS.A - ROYAL DUTCH SH A
MWA - Mueller Water Produ
LWSN - Lawson Software, Inc.
WY - WEYERHAEUSER CO
HCN - Health Care REIT Inc
SAP - Sap Ag
SEE - SEALED AIR CORP NEW
BDN - BRANDYWINE REALTY T
EXM - Excel Maritime Carr
CSIQ - Canadian Solar Inc
TCB - T C F FINANCIAL CORP
TEN - Tenneco Inc
WBC - Wabco Holdings Inc
CQB - CHIQUITA BRANDS INT
GFA - Gafisa SA
OC - Owens Corning Inc
WSH - WILLIS GROUP HOLDIN
TDW - TIDEWATER INC
OHI - OMEGA HEALTHCARE IN
UFS - Domtar Corp
WG - WILLBROS GROUP INC
TD - TORONTO DOMINION BANK
CLS - CELESTICA INC
AAWW - Atlas Air Worldwide
MXGL - Max Re Capital Ltd.
HPY - HEARTLAND PYMT SYS
AWI - Armstrong World Ind
SANM - Sanmina Corporation
JOE - ST JOE CORP
PAG - UNITED AUTO GROUP INC
TRH - TRANSATLANTIC HLDGS
TBL - TIMBERLAND CO
FOE - FERRO CORP
ABG - GROUPE AB S A
HME - Home Properties Inc
SYNA - Synaptics Incorporated

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 !!!

AC

Labels: CTIC, NANO