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Tuesday, January 26, 2010 

Stocks to watch on Tuesday Jan 26

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RMBS consolidated on Monday, after its big move on Friday. The way the stock consolidated on Monday, is bullish, as it traded in a tight range. I'm watching the stock again today, as resistance stays at $26. There is a chance the stock will consolidate again this week, but watch it closely in case it makes an early move. MACD has generated a buy signal and is currently above the 0 line. I think the stock will be heading higher. Technically Bullish.

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OCNF looks to have finally hit bottom, as the stock bounced on Monday. The stock closed up $.035 on Monday, as it hit a high of $0.926 on the day. I expect to see an increase in volume as traders are always looking for stocks that bounce after a big sell-off. There is good upside in OCNF, so watch it closely today.

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DRYS bounced off support again on Monday, as the stock closed near highs on the day. This was the third time the stock has tried to break support, but buyers have come in to support the stock. With the strength the stock showed at the close on Monday, we should see a continued upside move. Resistance is $6.14, which was the high of the day on Monday. Watch DRYS closely over the next few days.

Other Stocks to Watch :

Speculative plays

CIEN - Ciena - Chart looks bullish. Keep an eye for a possible breakout over $13.50
DRYS - DryShips, Inc. - Watching for a close above $6.50
RMBS - $26 is the next resistance level that if broken, could send shares to $30
MOT- Motorola - Watching for a close above $7.40
GIGM - Gigamedia - This stock can pop big time on any positive news. Extremely oversold.
OCNF - Keep an eye for a possible breakout over $0.926
CTIC - Cell Therapeutics, Inc. - Watching for a close above $1.14
BAC - Bank of America - Watching for a close above $15.21

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

CMCSK - Comcast Corporation
GPC - GENUINE PARTS CO
PNK - PINNACLE ENTERTAINMENT
RGNC - REGENCY ENERGY
CETV - Central European Me
CPNO - COPANO ENERGY LLC UTS
NJR - NEW JERSEY RESOURCES

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

KEY - KEYCORP
GDX - MKT VECT GOLD MNRS
AUY - YAMANA GOLD INC
ABX - BARRICK GOLD CORP
GILD - Gilead Sciences, Inc.
UAUA - UAL CORP
GG - GOLDCORP INC
CVS - CVS Caremark Corp
SLW - Silver Wheaton
ADM - ARCHER DANIELS MIDL
KGC - KINROSS GOLD CORP
SVU - SUPERVALU INC
SWY - SAFEWAY INC
EGO - ELDORADO GOLD CP
ELN - ELAN CORP P L C
CDE - COEUR D ALENE MINES
TC - BLUE PEARL MINING LT
ACL - Alcon Inc
DNDN - Dendreon Corporation
ALTH - Allos Therapeutics
SBIB - Sterling Bancshares
GERN - Geron Corporation
SYNA - Synaptics Incorporated
GNK - GENCO SHIPPING & TR
BMR - BIOMED REALTY TR INC
VRTX - Vertex Pharmaceutical
FUQI - Fuqi International Inc
ISIS - Isis Pharmaceutical
ROVI - Macrovision Corporation
GFA - Gafisa SA
GRS - GAMMON GOLD
PRGO - Perrigo Company
PAAS - Pan American Silver
SBH - Sally Beauty Holdings
CME - CME Group Inc
VPRT - Vistaprint Nv
ETE - ENERGY TRANSFER
SKX - SKECHERS USA INC
BGG - BRIGGS & STRATTON CORP
XRA - EXETER RESOURCE CORP
LZB - LA Z BOY INC
MBFI - MB Financial Inc.
BRF - Market Vector Brazil
LIWA - Lihua International
AOI - DIMON INC
LAD - LITHIA MOTORS INC

List of stocks where MA 13 crossed below the MA 50 ( Bearish Cross ) on Monday

S - Sprint Corp
MS - Morgan Stanley
TSM - TAIWAN SEMICONDUCTOR
GS - GOLDMAN SACHS GROUP
BMY - BRISTOL MYERS SQUIB
DIS - DISNEY CO WALT HLDG CO
VMED - Virgin Media Inc
CAH - CARDINAL HEALTH INC
KLAC - KLA-Tencor Corporation
URBN - Urban Outfitters, Inc.
DGX - QUEST DIAGNOSTICS INC
NVLS - Novellus Systems, Inc.
TTWO - Take-Two Interactiv
HOV - Hovnanian Enterprise
LEAP - LEAP WIRELESS INTL
ADI - ANALOG DEVICES INC
PWR - QUANTA SVCS INC
FSLR - First Solar Inc
NKE - NIKE INC CL B
LMT - LOCKHEED MARTIN CORP
LIFE - Invitrogen Corporation
LWSN - Lawson Software, Inc.
AGN - ALLERGAN INCORPORATED
BXP - BOSTON PROPERTIES INC
SVM - Silvercorp Metal
NWD - New Dragon Asia Corp
ETR - ENTERGY CORP HLDG CO
SPRL - Strat Petroleum Ltd
MRX - MEDICIS PHARM CORP
RKT - ROCK TENN CO
RDS.A - ROYAL DUTCH SH A
MYGN - Myriad Genetics, Inc.
MLM - MARTIN MARIETTA MAT
DSX - DIANA SHIPPING INC
UFS - Domtar Corp
VEA - Vanguard Europe Pac
PSS - Collective brands
GELYF - Geely Automotive
CBEY - Cbeyond Inc
FCE.A - Forest City Enterp.
EEB - Claymore BNY BRIC
ALTI - Altair Internationational
NANO - Nanometrics Incorporation
ELS - MANUFACTURERS HOME
GOVX - Dauphin Technology Inc
PPS - POST PROPERTIES INC
VR - Validus Holdings Ltd
CPO - CORN PRODUCTS INTL INC
SYT - Syngenta AG

List of stocks where MA 13 crossed above the MA 50 ( Bullish Cross ) on Monday

CBY - CADBURY SCHWEPPES P
SVU - SUPERVALU INC
MAT - Mattel Co
BIDU - Baidu Inc
ARWR - Arrowhead Resrch
RCI - ROGERS COMMUNICATIONS
DENN - Denny's Corp
NBS - Corniche Group Inc
BCUFF - Bell Copper Corp

List of stocks where MA 50 crossed below the MA 200 ( Dead Cross ) on Monday

ADTN - ADTRAN, Inc.
PTSC - Patriot Scientific
GMXR - Gmx Resourcs Inc
VNDA - Vanda Pharmaceutical
ICGE - Internet Capital Gr
PSGI - Prime Star Group Inc
ES - EnergySolutions Inc
SPEX - Spheric Incorporated
PALAF - Paladin Energy

List of stocks where MA 50 crossed above the MA 200 ( Golden Cross ) on Monday

ACAS - American Cap Ltd
CBST - Cubist Pharmaceutical
BAS - BASIC ENERGY SERVICES
PC - MATSUSHITA EL IND C

List of stocks where the chart is displaying a cup and handle formation

AMR - A M R CORP
CHK - CHESAPEAKE ENERGY CORP
EP - EL PASO CORP
KWK - Quicksilver Resources
WU - Western Union
EAT - BRINKER INTL INC
ELN - ELAN CORP P L C
MJN - Mead Johnson Nutrition
PRU - PRUDENTIAL FINANCIAL
MNKD - MANNKIND CP
PEG - Public Service Ente
WYNN - Wynn Resorts LTD
AN - AUTONATION INC
PPDI - Pharmaceutical Prod
DLM - DEL MONTE FOODS COM
GNK - GENCO SHIPPING & TR
FWLT - Foster Wheelr Ag
EQT - EQT Corporation
SAPE - Sapient Corporation
GSG - Ishr S&P Gsti Cm
CLS - CELESTICA INC
OCR - OMNICARE INC
CLI - MACK CALI REALTY CORP
GET - GAYLORD ENTERTAINME
LUK - LEUCADIA NATIONAL CORP
RVBD - Riverbed Technology
ALKS - Alkermes, Inc.
PVH - PHILLIPS VAN HEUSEN
XIDE - EXIDE TECHNOLOGIES WI
NAL - NEW ALLIANCE BANCSH
FMC - F M C CORP
ATW - ATWOOD OCEANICS
HCC - H C C INSURANCE HLD
PSSI - PSS World Medical Inc.
PVA - PENN VIRGINIA CORP
HRL - HORMEL FOODS CORP
GPI - GROUP I AUTOMOTIVE INC
SWI - SolarWinds
MPWR - MONOLITHIC POWER SY
ATK - ALLIANT TECHSYSTEMS
MAA - Mid America Apartme
AEL - AMER EQUITY INV LIF
SIG - Signet Jewelers

New 52-week High stocks

AAPH American Petro-Hunter Inc.
ACOR Acorda Therapeutics Inc.
ACXM Acxiom Corp.
BBEP BreitBurn Energy Partners L.P.
BELM Bell Microproducts Inc.
CLMT Calumet Specialty Products Partners L.P.
CNXT Conexant Systems, Inc.
COLB Columbia Banking System, Inc.
CTRN Citi Trends, Inc.
FITB Fifth Third Bancorp
GNVC GenVec, Inc.
HDSN Hudson Technologies, Inc.
HUSA Houston American Energy Corp.
IGTE iGate Capital Corp.
ITCD ITC DeltaCom, Inc.
LBTYA Liberty Global Inc.
LBTYK Liberty Global C
MEDX Medarex, Inc.
NEOP Neoprobe
PBTH PROLOR Biotech, Inc.
PLXS Plexus Corp.
PRFT Perficient, Inc.
RDUFF Radius Gold Inc.
ROSE Rosetta Resources Inc.
SIOR Superior Oil & Gas Company
SMTX SMTC Corp.
SPRD Spreadtrum Communications Inc.
TKTM Ticketmaster Entertainment, Inc.
VNUS VNUS Medical Technologies Inc.

List of stocks where the chart is displaying a new uptrend according to the technical indicator ADX

ACOR Acorda Therapeutics Inc.
ACRI ACRO Inc.
AEZS AEterna Zentaris Inc.
CHUX O'Charley's, Inc.
COBZ Cobiz Financial Inc.
CTRN Citi Trends, Inc.
EMPR Empire Petroleum Corp.
IFLI International Fight League, Inc.
LDSH Ladish Co., Inc.
PRFT Perficient, Inc.
SENEA Seneca Foods Corp.
SMTX SMTC Corp.
WSEG Western Standard Energy Corp.

List of stocks where the chart is displaying a new downtrend according to the technical indicator ADX

ADTN ADTRAN, Inc.
AMZN Amazon.com, Inc.
ANCI American CareSource Holdings, Inc.
APAC APAC Customer Services, Inc.
ATHN Athenahealth Inc.
ATNI Atlantic Tele-Network, Inc.
ATVI Activision Blizzard Inc.
BONT Bon-Ton Stores, Inc.
CFSG China Fire & Security Group, Inc.
CGLDD Capital Gold Corp.
CHNG China Natural Gas, Inc.
CORE Core Mark Holding Co., Inc.
DFSH Defense Solutions Holding, Inc.
ECLP Eclipsys Corp.
EPAX Ambassadors Group, Inc.
FARO FARO Technologies, Inc.
FELE Franklin Electric Co., Inc.
GCEH Global Clean Energy Holdings Inc.
HRBN Harbin Electric Inc
ICTG ICT Group, Inc.
IFSIA Interface, Inc.
KLIC Kulicke and Soffa Industries, Inc.
KMGB KMG Chemicals, Inc.
KNOT Knot, Inc.
LMIA LMI Aerospace, Inc.
NATI National Instruments Corp.
NEWL NewLead Holdings Ltd.
PAET PAETEC Holding Corp.
QSII Quality Systems, Inc.
RGLD Royal Gold, Inc.
RRD Donnelley R R & Sons Co.
SNDA Shanda Interactive Games Ltd.
SNHY Sun Hydraulics Corp.
SPWRA SunPower Corp.
SPWRB SunPower Corp.
SSRI Silver Standard Resources, Inc.
TECD Tech Data Corp.
TECH Techne Corp.
ULTR Ultrapetrol (Bahamas) Ltd.
URBN Urban Outfitters, Inc.
VMED Virgin Media Inc.
VSPC Viaspace Inc

List of stocks where the chart is displaying a Bullish Signal Reversal Alert

ADTN ADTRAN, Inc.
ASIA AsiaInfo Holdings, Inc.
BRCD Brocade Communications Systems, Inc
CAEI China Architectural Engineering, Inc.
CTIC Cell Therapeutics, Inc.
FXEN FX Energy, Inc.
HCKT Hackett Group, Inc.
HSII Heidrick & Struggles Intl, Inc.
LECO Lincoln Electric Holdings, Inc.
LUNA Luna Innovations Inc.
NAVG Navigators Group, Inc.
OKSB Southwest Bancorp, Inc.
PCLN priceline.com Inc.
PRCP Perceptron, Inc.
RGEN Repligen Corp.
SRDX SurModics, Inc.
STEC STEC, Inc.
VITA Orthovita Inc.
VMED Virgin Media Inc.

List of stocks where the chart is displaying a Bearish Signal Reversal Alert

AUDC AudioCodes Ltd.
AXTI American Xtal Technology
BIIB Biogen Idec Inc.
CAMD California Micro Devices Corp.
CTCT Constant Contact Inc
HPOL Harris Interactive, Inc.
HSWI HSW International, Inc.
METR Metro Bancorp Inc.
MLNK ModusLink Global Solutions, Inc.
NABI Nabi
PCYC Pharmacyclics, Inc.
PLLL Parallel Petroleum Corp.
PNFP Pinnacle Financial Partners, Inc.
RAME RAM Energy Resources, Inc.
UBSI United Bankshares, Inc.
ULGX Urologix, Inc.

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 !!! Good luck and good trading !!!

AC

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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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