Stock Market Alerts for Thursday April 22
( click to enlarge )The stock is trying to bounce off recent lows. SOMX has closed positive on Tuesday, but has not been able to break through its channel on today's session. If the stock does break through this level on massive volume, we should see a short-term bounce. SOMX is a volatile stock, so watch it very closely.
( click to enlarge )ROYL has appeared recently on my blog for a potential move higher. Looking at thechnical chart, you can see for yourself that the recent gains have come on relatively strong volume. Other factors that are in favor of a move higher is the technical indicator On Balance Volume ( OBV ) and the the Relative Strength Index (RSI) . In addition, the stock is trading above both 50 day and 200 day moving average and MACD is above 0 showing positive momentum. Resistance for Thursday’s move is $2.49, which reflects Wednesday’s high of the day. If ROYL can break through resistance, we will have a two-bar reversal, which is very bullish for an upside move. Keep a close eye on ROYL for Thursday.
( click to enlarge )The $1.77 area has been proved to be a strong resistance. More times the resistance has been tested, there is good chance for breaking above that point. Honestly speaking, I feel that there is a possibility for LVLT to go beyond $1.77.
( click to enlarge )Despite the general market's weakness, GIGM made an impressive turnaround and rallied almost 1.7% to close the day at $3.08. The next visible resistance is at $3.15-3.16 area. Today's spike could bring MACD above 0, generally a bullish sign. In addition, KD line seems to be crossing up indicating bullish swing.
NVLT - The chart of NVLT is declining on low volume and is in close proximity to a strong support level $0.20. In my opinion unless we see a very strong jump in volume then price does not have the momentum to break through this important level, therefore I believe that we will see a bounce here in a couple of days.
Other stocks to watch :
Earnings Announcements for Thursday
A. T. Cross Company - ATX
ABB - ABB
Acacia Research Corporation - ACTG
ACC LTD - ACC.BO
ADDNODE AB - ADDNF.PK
Advanced Energy Industries - AEIS
Advanced Materials Group - ADMGQ.PK
Advanta Corporation - ADVNQ.PK
Agria Corporation - GRO
AIR CHINA LTD - AICAF.PK
Air Products and Chemicals Inc - APD
Alaska Air Group, Inc. - ALK
Alexion Pharmaceuticals - ALXN
Align Technology - ALGN
Alliance Fiber Optic Products, Inc. - AFOP
Amazon.com, Inc. - AMZN
Amdocs Limited - DOX
American Express Company - AXP
American Greetings Corp. - AM
American River Bankshares - AMRB
AmerisourceBergen - ABC
AMES NATL CORP - ATLO
AmSurg - AMSG
Applied Industrial Technologies - AIT
APPLIED SCIENCE PRODS INC - APLD.PK
Arbitron Inc. - ARB
Arthur J. Gallagher & Co. - AJG
Associated Banc-Corp - ASBC
AU Optronics Corporation - AUO
Autobytel.com - ABTL
AutoNation - AN
Avid Technology, Inc. - AVID
BancorpSouth, Inc. - BXS
Barzel Industries Inc. - TPUTQ.PK
Baxter International Inc. - BAX
BB&T Corporation - BBT
BJ's Restaurants, Inc. - BJRI
Bottomline Technologies - EPAY
Briggs & Stratton Corporation - BGG
Bucyrus International, Inc. - BUCY
Builders FirstSource, Inc. - BLDR
C.R. Bard, Inc. - BCR
Cabot Microelectronics - CCMP
CALIFORNIA CMNTY BK ESCONDI CA - CABK.OB
Capital One Financial Corp. - COF
Cash America International - CSH
Celestica - CLS
Cepheid - CPHD
China Coal Energy Co. Ltd - CCOZF.PK
CHINA RAILWAY CONSTRUCTION CRP - CWYCF.PK
China Southern Airlines - ZNH
Chubb Corporation - CB
Citizens Banking - CRBC
CoBiz Inc. - COBZ
COCA-COLA FEMSA S A DE C V - KOF
Colony Bankcorp - CBAN
Columbia Sportswear - COLM
Complete Production Services, Inc. - CPX
Computer Programs and Systems, Inc. - CPSI
Conergy AG - CEYHF.PK
Continental Airlines - CAL
CoolBrands International Inc. - CULBF.PK
Cooper Industries plc - CBE
CORPBANCA - BCA
Courier Corporation - CRRC
Credit Suisse Group - CS
CYCLE CTRY ACCESSORIES CORP - ATC
Cymer, Inc. - CYMI
Cypress Semiconductor - CY
Cytec Industries Inc. - CYT
Danaher - DHR
Dara Biosciences - DARA
Deckers Outdoor - DECK
Deluxe Corporation - DLX
Developers Diversified Realty Co. - DDR
DeVry - DV
Diamond Offshore Drilling Inc. - DO
Digi International Inc. - DGII
Eastman Chemical Company - EMN
EDINBURGH DRAGON TRUST PLC - EDGNF.PK
EDUCATION REALTY TRUST INC - EDR
Endologix Inc. - ELGX
Ensco - ESV
ESCORTS LTD - ESCORTS.BO
Evans Bancorp, Inc. - EVBN
EZCORP Inc - EZPW
Federated Investors, Inc - FII
Fifth Third Bancorp - FITB
FIRST ST FINL CORP FLA - FSTF.PK
First West Virginia Bancorp - FWV
FUWEI FILMS HLDGS CO LTD - FFHL
Gardner Denver - GDI
GATX Corporation - GMT
Gentex - GNTX
Glacier Bancorp - GBCI
GLOBE SPECIALTY METALS INC - GSM
Goodrich Corporation - GR
Gorman-Rupp - GRC
Grupo Aeroportuario del Sureste (ASUR) - ASR
Grupo Casa Saba, S.A. de C.V. - SAB
Guangshen Railway - GNGYF.PK
GUARANTY BANCORP DEL - GBNK
Hawaiian Holdings, Inc. - HA
HC INNOVATIONS INC - HCNVQ.PK
Healthways - HWAY
Hittite Microwave Corporation - HITT
HNI Corporation - HNI
Imaging Diagnostic Systems, Inc. - IMDS.OB
Independent Bank Corporation - IBCP
Informatica - INFA
Insteel Industries - IIIN
Interactive Brokers Group Inc. - IBKR
International Game Technology - IGT
Interphase - INPH
Invacare - IVC
INX, Inc. - INXI
iParty Corp. - IPT
Isilon Systems, Inc. - ISLN
ITT Educational Services, Inc. - ESI
J&J Snack Foods - JJSF
JAKKS Pacific Inc. - JAKK
Janus Capital Group Inc. - JNS
Kensey Nash Corporation - KNSY
KEPPEL CORPORATION LTD - KPELF.PK
KIA MOTORS CORP - KIMTF.PK
Kimberly Clark De Mexico - KCDMF.PK
Kimberly-Clark - KMB
KOKUYO CO LTD - KUKYF.PK
KVH Industries, Inc. - KVHI
L-3 Communications Holdings, Inc. - LLL
L.B. Foster - FSTR
Lacrosse - BOOT
Lattice Semiconductor - LSCC
Lender Processing Services, Inc. - LPS
LG DISPLAY CO LTD - LPL
Life Time Fitness - LTM
LIN TV Corp. - TVL
Local.com Corporation - LOCM
LodgeNet Interactive Corporation - LNET
LSI Industries Inc. - LYTS
MainSource Financial Group - MSFG
Marriott International - MAR
Matrix Service - MTRX
Matthews International - MATW
MBT Financial Corp. - MBTF
Melco Crown Entertainment Limited - MPEL
Micrel Semiconductor - MCRL
Microsemi - MSCC
Microsoft - MSFT
MIDWESTONE FINANCIAL GROUP INC - MOFG
MKS Instruments - MKSI
NAMAKWA DIAMONDS LIMITED - NKWDF.PK
NASB Financial, Inc. - NASB
NCR Corporation - NCR
Nestle (Malaysia) Bhd - NSLYF.PK
NEW WAVE GROUP AB - NWVGF.PK
Nokia - NOK
Northrim Bank - NRIM
Nucor - NUE
OceanFirst Financial - OCFC
OFFSHORE HYDRO MAPP PLC SOUTHA - OHYMF.PK
Old Republic International - ORI
Oplink Communications - OPLK
ORAMED PHARM INC - ORMP.OB
Orsu Metals Corporation - ORSUF.PK
OSI Pharmaceuticals, Inc. - OSIP
P&F Industries - PFIN
PC-Tel - PCTI
PDF Solutions - PDFS
Peabody Energy Corp. - BTU
Penn National Gaming - PENN
PepsiCo - PEP
Performance Technologies - PTIX
PHARMING GROUP NV LEIDEN - PHGUF.PK
Philip Morris International - PM
Pixelworks - PXLW
PMC-Sierra, Inc. - PMCS
PNC Financial Services Group - PNC
POLYUS GOLD OAO - OPYGY.PK
Pool Corporation - POOL
Precision Drilling Trust - PDS
Premiere Global Services Inc - PGI
ProLogis - PLD
Provident Financial Services, Inc. - PFS
Purple Communications, Inc. - PRPL.PK
Rambus Inc. - RMBS
Ramtron International - RMTR
Raytheon - RTN
Reddy Ice - FRZ
Reliance Steel & Aluminum Co. - RS
RENHE COMMERCIAL HOLDINGS COMP - RNHEF.PK
Reynolds American, Inc. - RAI
Rimage Corporation - RIMG
Riverbed Technology, Inc. - RVBD
Rocky Brands, Inc. - RCKY
RSC Holdings Inc - RRR-0.3After Market Close
SAMARITAN PHARMACEUTICALS - SPHC.PK
Sandy Spring Bancorp - SASR
SASKEN COMMUNICATION TECHNOLOGIES LTD - SASKEN.BO
ScanSource Inc. - SCSC
Scientific Learning - SCIL
Sherwin-Williams - SHW
SI FINANCIAL GROUP INC - SIFI
Sigma-Aldrich Corporation - SIAL
Socket Mobile Inc. - SCKT
Sonoco Products - SON
Southern Community Financial Corporation - SCMF
Southwest Airlines - LUV
Southwest Georgia Financial - SGB
Sterling Bancshares - SBIB
Sterlite Technologies Ltd. - STRTECH.BO
STMicroelectronics - STM
Stora Enso - SEOAY.PK
SVB Financial Group - SIVB
Sybase - SY
Synaptics Incorporated - SYNA
Syntel, Inc. - SYNT
Taubman Centers - TCO
TCF Financial Corporation - TCB
Tennant Co. - TNC
Textron Inc. - TXT
THAI STANLEY ELECTRIC THAILAND - TSETF.PK
The Blackstone Group - BX
The Cheesecake Factory - CAKE
The Hershey Company - HSY
The Inventure Group Inc. - SNAK
The McClatchy Company - MNI
The New York Times Company - NYT
Track Data - TRAC.PK
TradeStation Group, Inc. - TRAD
TRAVELSKY TECHNOLOGY LTD - TSYHF.PK
Ultratech, Inc. - UTEK
Umpqua Holdings Corporation - UMPQ
UNI PRESIDENT CHINA HOLDINGS L - UNPSF.PK
Union Pacific - UNP
United Bancorp - UBCP
United Community Banks - UCBI
URALS ENERGY PUBLIC CO LTD - UREYF.PK
Valley National Bancorp - VLY
Verizon - VZ
VERTICAL BRANDING INC - VBDG.PK
Vicor - VICR
Virginia Commerce - VCBI
W.R. Grace & Co. - GRA
Washington Banking Co. - WBCO
Watsco, Incorporated - WSO
Webster Financial Corp. - WBS
WESCO International, Inc. - WCC
Western Alliance Bancorp - WAL
Western Digital Corp. - WDC
Wilshire Bancorp, Inc. - WIBC
Wipro Limited - WIT
WIRELESS AGE COMMUNICATIONS IN - WLSA.PK
WNS Holdings Ltd. - WNS
Woodward - WGOV
WSFS Financial - WSFS
Yadkin Valley Bank and Trust Company - YAVY
Young Innovations - YDNT
Zimmer Holdings, Inc. - ZMH
List of stocks whose chart is displaying a cup and handle formation
IGT - INTERNATIONAL GAME
VOD - Vodafone Gp Plc
PHM - Pultegroup Inc
ONNN - ON Semiconductor Co
HES - AMERADA HESS CORP
MDT - MEDTRONIC INC
TXT - TEXTRON INC
PFG - PRINCIPAL FINANCIAL
TOL - TOLL BROTHERS INC
URI - UNITED RENTALS INC
BYD - BOYD GAMING CORP
ARD - ARENA RESOURCES INC
NVE - SIERRA PACIFIC RESO
CNP - CenterPoint Energy Inc
EGLE - Eagle Bulk Shipping
COCO - Corinthian Colleges
CL - COLGATE-PALMOLIVE C
VRTX - Vertex Pharmaceutical
LEAP - LEAP WIRELESS INTL
LM - LEGG MASON INC
CVH - COVENTRY HEALTH CAR
IM - INGRAM MICRO INC
RDS.A - ROYAL DUTCH SH A
TV - GRUPO TELEVISA S A
AAUKY - Anglo American plc
NTES - Netease.com, Inc.
ELNK - EarthLink, Inc.
PRE - PARTNER RE LTD
PSEC - Prospect Cptl Cp
CTAS - Cintas Corporation
SAH - SONIC AUTOMOTIVE INC
HMC - HONDA MOTOR CO LTD
REGN - Regeneron Pharmaceu
VEA - Vanguard Europe Pac
HRBN - HARBIN ELECTRIC INC
THO - THOR INDUSTRIES INC
EWU - WEBS United Kingdom
ALSK - Alaska Communication
TSU - Tim Participacs
SI - SIEMENS A G ADR
ABD - ACCO BRANDS CORP
AGNC - American Capital Ag
SA - SEABRIDGE GOLD INC
MTH - Meritage Homes
CAST - GREAT WALL ACQUISIT
VRSK - Verisk Analytics
Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
That's all folks !!!
AC
Labels: GIGM, LVLT, ROYL, SOMX
