Stock Market Alerts for Wednesday April 14
( click to enlarge )It looks like Gigamedia might be close to squeezing some shorts based on the recent price action. With over 682,200 shares of the float being short, and a history of quick powerful moves, this is a situation that bears watching.
Let's look at the chart of GIGM :
1 - The price was inside a large Bull Flag from early March till early April
2 - The stock broke out of this pattern on today's trading session
3 - Next target? around $3.53
Let's look at the chart of GIGM :
1 - The price was inside a large Bull Flag from early March till early April
2 - The stock broke out of this pattern on today's trading session
3 - Next target? around $3.53
( click to enlarge )Let's have a quick look at the chart of ROYL :
1 - Trendline was broken: a first buy signal
2 - The 20-day moving average is now moving up after having gone down over the last 3 months.
3 - Price has now crossed the 200-day moving average to the upside: another buy signal and an indication that the stock price may have finally have reached its bottom.
4 - The volume of transactions has been increasing over the last 2.5 months.
Keep a close eye on ROYL for Wednesday’s trading session.
1 - Trendline was broken: a first buy signal
2 - The 20-day moving average is now moving up after having gone down over the last 3 months.
3 - Price has now crossed the 200-day moving average to the upside: another buy signal and an indication that the stock price may have finally have reached its bottom.
4 - The volume of transactions has been increasing over the last 2.5 months.
Keep a close eye on ROYL for Wednesday’s trading session.
( click to enlarge )A quick look at the chart of CTDC :
1 - The stock is currently stuck in a channel
2 - 20-day moving average crossed the 50 day moving average to the upside
3 - 14 days RSI is trading at 60.69 leaving enough scope for uptrend in the coming days.
4 - Positive MACD, and stochastic also indicates the positive trend to continue in long run.
5 - Bullish divergence: price is decreasing whereas MACD lines are going up
Other stocks to Watch :
1 - The stock is currently stuck in a channel
2 - 20-day moving average crossed the 50 day moving average to the upside
3 - 14 days RSI is trading at 60.69 leaving enough scope for uptrend in the coming days.
4 - Positive MACD, and stochastic also indicates the positive trend to continue in long run.
5 - Bullish divergence: price is decreasing whereas MACD lines are going up
The stock is setting up for another breakout move, which could occur very soon. Resistance is $3.11, which is the high of this range. CTDC will move quickly, so you need to watch it closely.
Other stocks to Watch :
New 52-week High stocks
CROX - CROCS
TLAB - Tellabs, Inc.
CBS - CBS Cl B
CTSH - Cognizant Technolog
SPF - STANDARD PACIFIC CORP
YUM - TRICON GLOBAL REST INC
CAT - Caterpillar Inc
TWX - AMERICA ONLINE INC
GPS - GAP INC
ALTR - Altera Corporation
TJX - TJX COMPANIES INC
TGT - TARGET CORP
LTD - LIMITED INC
ATML - Atmel Corporation
MCD - MCDONALDS CORP
KIM - KIMCO REALTY CORP MD
INFY - Infosys Technologie
TSN - TYSON FOODS INC CL A
MAT - Mattel Co
UPS - UPS
LXK - Lexmark International
CPB - CAMPBELL SOUP CO
NSC - NORFOLK SOUTHERN CORP
V - VISA Inc
FCS - FAIRCHILD SEMICONDU
AMP - AMERIPRISE FINANCIA
WYNN - Wynn Resorts LTD
HRP - HRPT PROPERTIES TRUST
OSK - Oshkosh Corp
ESI - I T T EDUCATIONAL SVCS
MAC - MACERICH CO
NFLX - Netflix, Inc.
CECO - Career Education Co
DRH - DIAMONDROCK HOSPITA
VNO - VORNADO REALTY TRUST
JCG - J CREW GROUP INC
DPZ - DOMINO'S PIZZA INC
CLP - COLONIAL PPTY TRUST
ATSG - ABX Holdings Inc
FO - FORTUNE BRANDS INC
BEN - FRANKLIN RESOURCES INC
PCAR - PACCAR Inc
TWI - TITAN INTL INC
LWSN - Lawson Software, Inc
LUK - LEUCADIA NATIONAL CORP
DG - Dollar General Corp
MDY - MidCap SPDRS
NOC - NORTHROP GRUMMAN CORP
ARCC - ARES CAPITAL CP
ASH - ASHLAND INC
VNQ - VANGUARD SPEC FDS R
JNY - JONES APPAREL GROUP
TIF - TIFFANY AND CO
DISCA - Discovery Holdings
SWK - Stanley Blk&Dckr
HPT - HOSPITALITY PROP TRUST
BDN - BRANDYWINE REALTY T
TRN - TRINITY INDUSTRIES INC
DRE - DUKE-WEEKS REALTY CORP
ISRG - Intuitive Surgical
BELM - Bell Microproducts
NETL - Netlogic Microsyste
LOPE - Grand Canyon Educat
ROST - Ross Stores, Inc.
STM - STMicroelectronics NV
PH - PARKER HANNIFIN CORP
Earnings Announcements for Wednesday
Acergy S.A. - ACGY
ACRODEA INC TOKYO - ACDEF.PK
ACTION PRODS INTL INC - APII.PK
ADTRAN, Inc. - ADTN
Anesiva Inc. - ANSV
APPLIED SCIENCE PRODS INC - APLD.PK
Applied Solar, Inc. - APSOQ.PK
ASML Holdings NV - ASML
Biomerica - BMRA.OB
Bogen Communications International - BOGN.PK
Cash Technologies - CTQN.PK
Central Virginia Bankshares - CVBK
Chaparral Energy Inc - CPR
Charles Schwab - SCHW
Cherokee - CHKE
CHINA INDL WASTE MGMT INC - CIWT.OB
CINTEL CORP - CNCN.OB
ClearPoint Business Resources Inc - CPBR.PK
CLST HLDGS INC - CLHI.PK
Comm Bancorp - CCBP
Community Trust - CTBI
CONTAINER CORPN OF INDIA LTD - CONCOR.BO
DCB FINANCIAL CORP - DCBF.OB
DPAC Technologies Corp. - DPAC.OB
DRI Corporation - TBUS
Dynacq Healthcare, Inc. - DYII
DYNAMIC RESPONSE GP INC - DRGZ.OB
EUROBANCSHARES INC - EUBK
Frischs Restaurants - FRS
FUQI INTERNATIONAL INC - FUQI
GERRESHEIMER AG DUESSELDORF - GRRMF.PK
GLOBAL ENTMT CORP - GNTP.OB
Hooker Furniture Corporation - HOFT
iGate Corporation - IGTE
Imaging Diagnostic Systems, Inc. - IMDS.OB
ImaRx Therapeutics, Inc. - IMRX.OB
Intellipharmaceutics International Inc. - IPCI
Interplay Entertainment - IPLY.OB
Jaco Electronics - JACO.PK
JB Hunt Transportation - JBHT
JPMorgan Chase & Co. - JPM
KINDER MORGAN MANAGEMENT LLC - KMR
KINSUS INTERCONNECT TECH CORP - KNSUF.PK
Landstar System - LSTR
Liquidmetal Technologies - LQMT.OB
MAVERICK OIL & GAS INC - MAVO.PK
MEDTOX Scientific, Inc. - MTOX
Myers Industries - MYE
NATURAL HEALTH TRENDS CORP - BHIP.PK
Nexity Financial Corporation - NXTY.PK
ORAMED PHARM INC - ORMP.OB
ORSUS XELENT TECHNOLOGIES INC - ORS
Pacific Continental Corporation - PCBK
PICC PROPERTY AND CASUALTY CO - PPCCF.PK
Protein Polymer - PPTI.PK
RAM HOLDINGS LTD - RAMR.PK
SheerVision, Inc. - SVSO.OB
Sino Shipping Holdings Inc - SSHZE.OB
SOUTHERN TR SECS HLDG CORP - SOHL.OB
Stephan - SPCO.PK
STRATOS RENEWABLES CORPORATION - SRNW.PK
Tanzanian Royalty Exploration Corporation - TRE
Tigrent Inc. - TIGE.OB
UNITED ENERGY GROUP LTD - UUEEF.PK
Universal Forest Products, Inc. - UFPI
USA Truck - USAK
Vasomedical Inc. - VASO.OB
W.W. Grainger - GWW
Winmark Corporation - WINA
Y S TABLE CORP TOKYO - YTBCF.PK
Yum! Brands, Inc. - YUM
Z-Trim Holdings, Inc. - ZTHO.OB
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 for today.
That's all for today.
AC
