Stock Market Alerts for Tuesday Mar 23

( click to enlarge )

Extremely bullish moves on the pair are taking place over the last session’s. LVS broke resistance today as the stock traded up $1.93 on heavy volume. The stock hit a high of $21.59, which is now resistance for tuesday’s continuation move. If the stock can break through resistance, we should see another strong upside move. LVS will move very quickly, so watch the stock closely on tuesday.

( click to enlarge )

THQI displayed some impressive relative strength with a 5% gain. The area comprehended between 6.43 and 6.58 represents a heavy resistance that has been attacked several times now over the past sessions by bulls. The power of today's move suggests an upward breakout that could impulse THQI towards 2010’s highs at 6.64. Stochastic made a bullish crossover today and ADX is increasing. This shows that investors are bullish on this stock. Fresh long should be made only when the stock moves above 6.58. Support level is at $5.96 and $5.86 respectively.

( click to enlarge )

SKH - The break through 6.56 level pushed the stock higher to near the psychological resistance level of $7. I’m expecting a further stock recovery, probably to 7-7.22 zone for next days. Intraday resistances lay at 6.9 and 6.95. Supports: 6.56 area (broken resistance).

Other stocks to watch :

XNPT -XenoPort closed just above the 10 day moving average. There looks to be good upside potential, so watch the stock very closely on tuesday.

The daily chart created a bullish engulfing candlestick formation on Monday

TS - Tenaris SA
WM - WASTE MANAGEMENT INC
SFD - SMITHFIELD FOODS IN
DISCA - Discovery Holdings
RRD - Donnelley (RR) & Sons
LBTYA - Liberty Global Inc
CMI - CUMMINS ENGINE CO INC
CCI - Crown Castle International
JCG - J CREW GROUP INC
TEN - Tenneco Inc
KEG - Key Energy Services
LXP - Lexington Realty Trust
PVH - PHILLIPS VAN HEUSEN
EAT - BRINKER INTL INC
VIV - Telesp Celular Part
CRM - SALESFORCE.COM INC
TSS - TOTAL SYSTEM SVCS INC
ADCT - ADC Telecommunications
VTR - Ventas Inc
TRW - TRW AUTOMOTIVE HLDG
ETN - EATON CORP
ORLY - O'Reilly Automotive
DRE - DUKE-WEEKS REALTY CORP
FDO - FAMILY DOLLAR STORE
EL - ESTEE LAUDER COMPANIES
AUXL - AUXILIUM PHARMACEUTICAL
ANH - Anworth Mortgage As
SWK - Stanley Blk&Dckr
IMAX - Imax Corporation
BDX - Becton Dickinson an
KMX - CarMax Inc
DKS - DICKS SPORTING
DGX - QUEST DIAGNOSTICS INC
HAR - HARMAN INTL INDS INC
ATHR - ATHEROS COMMUN INC
BIG - Big Lots Inc
ENDP - Endo Pharmaceutical
BYD - BOYD GAMING CORP
BDN - BRANDYWINE REALTY T
INFY - Infosys Technologies
SY - Sybase Inc
OSK - Oshkosh Corp
THQI - THQ Inc.
PCL - PLUM CREEK TIMBER CO
RVBD - Riverbed Technology
PDCO - Patterson Co
RCII - Rent-A-Center 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. See you tomorrow !!!!

AC

Labels: LVS, SKH, THQI