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Wednesday, March 03, 2010 

AC Investor trade Ideas for Thursday Mar 04

( click to enlarge )

The stock had a good day on Wednesday, as commodities bounced on the day. The stock is trading near the major level of $13,52, which is resistance for a breakout move. I'm buyer once this move occurs and we expect to see strong volume drive the stock higher.

( click to enlarge )

The stock is trading up after hours on Wednesday, as the company released good earnings. TTWO should gap higher on Thursday and be extremely active on the day. Resistance for this move is $9.86. The stock can move quickly, so watch the stock closely on Thursday.

( click to enlarge )

The stock tried to follow through on Tuesday’s move, but the weak market held the stock back. Today’s high was $3.12, which is resistance for Thursday’s move. If GIGM can break through, we should see a stronger upside move.

Earnings Announcements for Thursday

Angiotech Pharmaceuticals - ANPI - 0.03 - Time Not Supplied
ArcSight, Inc. - ARST - 0.16 - Time Not Supplied
ATP Oil & Gas - ATPG - (-0.12) - Time Not Supplied
Costco Wholesale Corporation - COST - 0.72 - Time Not Supplied
Del Monte Foods - DLM - 0.21 - Time Not Supplied
Depomed - DEPO - (-0.13) - Time Not Supplied
Emergent Biosolutions Inc - EBS - 0.05 - After Market Close
Equity One - EQY - 0.26 - After Market Close
Genesco - GCO - 1.12 - Time Not Supplied
Hemispherx BioPharma - HEB - (-0.02) - Time Not Supplied
Interval Leisure Group, Inc. - IILG - 0.13 - Time Not Supplied
Mentor Graphics - MENT - 0.28 - Time Not Supplied
Move, Inc. - MOVE - 0.01 - After Market Close
Nash Finch Company - NAFC - 0.74 - Time Not Supplied
OMEROS CORP - OMER - (-0.27) - Time Not Supplied
PC-Tel - PCTI - 0.04 - After Market Close
Ritchie Bros. Auctioneers Incorporated - RBA - 0.2 - Time Not Supplied
S1 Corporation - SONE - 0.14 - After Market Close
Silver Standard Resources Inc. - SSRI - (-0.12) - Time Not Supplied
Solarfun Power Holdings Co. Ltd. - SOLF - 0.24 - Time Not Supplied
Steinway Musical Instruments, Inc. - LVB - 0.11 - 4:00 pm ET
Suntech Power Holdings Co., Ltd. - STP - 0.11 - Before Market Open
The Cooper Companies, Inc. - COO - 0.52 - After Market Close
Toronto Dominion Bank - TD - 1.35 - Time Not Supplied
U.S. Physical Therapy - USPH - 0.2 - Before Market Open
URS Corp. - URS - 0.55 - Time Not Supplied
Western Refining, Inc. - WNR - (-0.68) - Before Market Open
Winthrop Realty Trust, Inc. - FUR - 0.31 - Time Not Supplied

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

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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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