Stock picks for Thursday May 27
( click to enlarge )Good afternoon everyone! Looks like I'm going to start the day with a technical setup on FRPT. Check it !
On the daily chart, we can see a few technical signals suggesting that a swing higher may be in the cards in the short term. First, the MACD is displaying a new bullish crossover. At the same time, we see that the daily stochastics are showing positive momentum from oversold levels, which should reinforce a move higher if near-term resistance at $4.29 is taken out. Finally, The RSI is starting to bounce back from oversold territory. The near-term upside objective is at $4.63.
( click to enlarge )Looking at the technical daily chart, the upside closing price reversal is somewhat bullish. There is possibility that rally may be coming as K line has just rose on top of D line showing buy signal. The stock needs to break out above $2.07 to go higher.
( click to enlarge )SOMX - As we can see on the daily chart, the stock has been on a short term downtrend since April. Stochastics are in oversold territory, and the stock is about to hit the major resistance line. Initial support for SOMX is at 5.65 and below there at $4.92 with resistance likely at 6.14 and 6.17. Today's close below the 10-day moving average is an indication the short-term trend remains negative.
Earnings Announcements for Thursday
3D Systems - TDSC
Agria Corporation - GRO
Big Lots, Inc. - BIG
Bio-Reference Laboratories - BRLI
Blue Coat Systems - BCSI
Borders Group Inc. - BGP
Canadian Imperial Bank of Commerce - CM
CITIGROUP FDG INC - EIR
Columbus McKinnon - CMCO
Concord Medical Services Holdings Limited - CCM
Conn's, Inc. - CONN
Costco Wholesale Corporation - COST
Cristalerias de Chile S.A. - CGW
dELiA*s Inc. - DLIA
Diamond Foods, Inc. - DMND
Ditech Networks - DITC
Esterline Technologies - ESL
FreeSeas Inc. - FREE
FUQI INTERNATIONAL INC - FUQI
FUWEI FILMS HLDGS CO LTD - FFHL
Genesco - GCO
Golf Trust of America - PTX
Guess - GES
H.H. Gregg Appliances Inc - HGG
H.J. Heinz Company - HNZ
IR Biosciences Holdings, Inc. - IRBS.OB
J. Crew Group, Inc. - JCG
Jackson Hewitt Tax Service Inc. - JTX
JADE ART GROUP INC - JADA.OB
KOHLBERG CAPITAL CORP - KCAP
Magma Design Automation, Inc. - LAVA
Monro Muffler Brake - MNRO
Movado - MOV
NASB Financial, Inc. - NASB
Navios Maritime Holdings - NM
Ninetowns Internet Technology Group Company Limited - NINE
Novell, Inc. - NOVL
Omnivision Technologies - OVTI
Parlux - PARL
PET DRX CORPORATION - VETS
Pulaski Financial - PULB
QAD - QADI
Quanex - NX
Rex Stores Corporation - RSC
Royal Bank Of Canada - RY
ROYAL STD MINERALS INC - RYSMF.OB
RUN OF RIVER POWER INC - ROR
SeaChange International - SEAC
Signet Jewelers Ltd - SIG
Terremark Worldwide, Inc. - TMRK
Tiffany & Co. - TIF
Toronto Dominion Bank - TD
Universal Corporation - UVV
UROPLASTY INC - UPI
Versant - VSNT
XETA Technologies - XETA
Zarlink Semiconductor Inc. - ZARLF.OB
Triple Bottom Alerts
ABIO ARCA biopharma, Inc.
ADSV Allied Security Innovations, Inc.
ALTO Alto Group Holdings Inc.
AMRI Albany Molecular Research, Inc.
ANSS ANSYS, Inc.
AOGN Avalon Oil and Gas Inc.
ARST ArcSight Inc.
ASTC Astrotech Corp.
ASTE Astec Industries, Inc.
ASXSF Alberta Star Development Corp.
ATLS Atlas Energy, Inc.
BMC BMC Software Inc.
BMSN Bio-Matrix Scientific Group Inc.
BOLT Bolt Technology Corp.
BOOM Dynamic Materials Corp.
BRNC Bronco Drilling Co. Inc.
BSDM BSD Medical Corp.
CADX Cadence Pharmaceuticals Inc.
CASB Cascade Financial Corp.
CBLI Cleveland BioLabs Inc.
CBSH Commerce Bancshares, Inc.
CELH Celsius Holdings Inc.
CFSG China Fire & Security Group, Inc.
CGNH CardioGenics Holdings Inc.
CHINA CDC Corp.
CHOPW China Gerui Advanced Materials Group Ltd.
CLMS Calamos Asset Management Inc.
CMED China Medical Technologies Inc.
CMTL Comtech Telecommunications Corp.
CORX Cortex Pharmaceuticals
COWN Cowen Group, Inc.
CPSL China Precision Steel Inc
CPTS Conceptus, Inc.
CPWM Cost Plus, Inc.
CRESY Cresud S.A.C.I.F. y A.
CRZO Carrizo Oil & Gas, Inc.
CVGW Calavo Growers, Inc.
CWCO Consolidated Water Co. Ltd.
CYMI Cymer, Inc.
DUCP Daulton Capital Corp.
EDVP Endeavor Uranium, Inc.
EEFT Euronet Services, Inc.
ENOC EnerNOC Inc.
EPAY Bottomline Technologies, Inc.
ESPI ESP Resources Inc.
FFCH First Financial Holdings, Inc.
FNDM Fund.com Inc
FWLT Foster Wheeler Corp.
GETA Genta Inc.
GHLV Global Health Ventures Inc.
GILD Gilead Sciences, Inc.
GROW U.S. Global Investors, Inc.
HNSN Hansen Medical Inc.
HTCH Hutchinson Technology Inc.
HURC Hurco Cos., Inc.
IDRA Idera Pharmaceuticals, Inc.
LACO Lakes Gaming, Inc.
LKQX LKQ Corp.
MASI Masimo Corp.
MCLN MedClean Technologies, Inc.
MYRX Myriad Pharmaceuticals Inc.
NCIT NCI, Inc.
NGRN New Green Technologies Inc.
NSIT Insight Enterprises, Inc.
NVMI Nova Measuring Instruments Ltd.
NXTH NXT Nutritionals Holdings, Inc.
OMEX Odyssey Marine Exploration, Inc.
PARD Poniard Pharmaceuticals, Inc.
PBCT Peoples Bank
PLCM Polycom, Inc.
PLNR Planar Systems, Inc.
PLUG Plug Power, Inc.
PRGO Perrigo Co.
RDEN Elizabeth Arden, Inc.
RECN Resources Connection Inc.
REXX Rex Energy Corp.
RRD Donnelley R R & Sons Co.
SHIP Seanergy Maritime Holdings Corp.
SIGM Sigma Designs, Inc.
SMTB Smithtown Bancorp Inc.
SNBP Sinobiopharma, Inc.
SNRY Solar Energy Initiatives, Inc
STEC STEC, Inc.
STLD Steel Dynamics, Inc.
STRA Strayer Education, Inc.
SYMC Symantec Corp.
TDSC 3D Systems Corp.
TGE TGC Industries, Inc.
TRCR Transcend Services, Inc.
TRGL Toreador Resources Corp.
TTES T-3 Energy Services, Inc.
USEG U.S. Energy Corp.
VCTZF Valcent Products Inc.
VIDA Vidaroo Corp.
VMSY Visual Management Systems Inc.
VPHM ViroPharma Inc.
VTMS VitaminSpice
WWIN Winner Medical Group Inc.
XRAY DENTSPLY Intl Inc.
ZSTN ZST Digital Networks Inc.
Bullish Signal Reversal Alerts
ACUR Acura Pharmaceuticals, Inc.
ANDE Andersons, Inc.
ASMI ASM Intl N.V.
AVNW Aviat Networks Inc.
BMRN BioMarin Pharmaceutical, Inc.
BRKR Bruker Corp.
CA CA Inc.
CAEI China Architectural Engineering, Inc.
CNMD CONMED Corp.
CPSI Computer Programs and Systems Inc.
CVVT China Valves Technology Inc.
CXDC China XD Plastics Co. Ltd.
DDIC DDi Corp.
DLLR Dollar Financial Corp.
EBAY eBay, Inc.
FBCM FBR Capital Markets Corp.
FMER FirstMerit Corp.
GXDX Genoptix Inc.
HMSY Health Management Systems, Inc.
LFUS Littelfuse, Inc.
MYRG MYR Group, Inc.
NWSA News Corp. Ltd.
OPLK Oplink Communication, Inc.
OXPS OptionsXpress Holdings Inc.
PSUN Pacific Sunwear of California, Inc.
RGEN Repligen Corp.
SHLM A. Schulman, Inc.
SMOD SMART Modular Technologies Inc.
STEL StellarOne Corp.
SUPG SuperGen, Inc.
TEVA Teva Pharmaceutical Industries Ltd.
UTIW UTi Worldwide Inc.
VISN VisionChina Media Inc.
WFSL Washington Federal, Inc.
WGBS WaferGen Bio-systems, Inc.
WMAR West Marine, Inc.
Improving Chaikin Money Flow
ADUS Addus HomeCare Corp.
AFFY Affymax Inc.
APKT Acme Packet Inc.
APOG Apogee Enterprises, Inc.
ASMI ASM Intl N.V.
ASPS Altisource Portfolio Solutions S.A.
ATMI ATMI, Inc.
AVII AVI BioPharma, Inc.
BPWRF Balaton Power Inc.
CAVM Cavium Networks Inc.
CCRT CompuCredit Holdings Corp.
CFSG China Fire & Security Group, Inc.
CMCO Columbus McKinnon Corp.
CRAI CRA International, Inc.
CRBC Citizens Republic Bancorp
CXDC China XD Plastics Co. Ltd.
CYTR CytRx Corp.
DCAI Dialysis Corp. of America
DISCK Discovery Communications Inc.
DRAD Digirad Corp.
DRSV Debt Resolve Inc.
GFIG GFI Group Inc.
GHDX Genomic Health, Inc.
MICC Millicom Intl Cellular S.A.
MRGE Merge Healthcare Incorporated.
MYL Mylan Laboratories Inc.
NKBP China Nuokang Bio-Pharmaceutical Inc.
NTAP Network Appliance, Inc.
OSIS OSI Systems, Inc.
RCRC RC2 Corp.
SIMG Silicon Image, Inc.
WSII Waste Services Inc.
XSNX XSUNX Inc.
YUII Yuhe International, Inc.
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. See you tomorrow !!!
AC
