Stock picks for Friday June 04

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LVS has broken out 2 months ago but due to poor market conditions it started declining, shying away from rising and going back inside its breakout point. The stock had a big run on Thursday and is right up at the top of its major resistance level. If the stock can take out the $26.57 high set in April, we should see a nice up move. The technical daily chart shows the stock is still in the bull market as the stock is trading above both 50 day and 200 day moving average and MACD signal line still above 0.

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YGE today surged 3.5% or 32 cents to $9.29 despite having no news. The technical daily chart shows the stock has gained strength again as MACD is now above the signal line and %K line has rose above %D line indicating the stock is back to bull market. I'm looking to buy the stock above Thursday’s high of $9.45 and I feel the stock has a lot of room to run.

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ROYL closed the day very strong, trading 2x normal daily volume and closing near highs. The stock broke out of a descending channel on good volume. I'll watch the stock on Friday to see if it can break Thursday’s high of $2.31 and make a nice up move. ROYL has a lot of potential to be a big percentage mover, so watch it closely.

Other stocks to watch :

Big and Small Cap Stocks With Unusual Volume

IKTO - Itokk
HERO - HERCULES OFFSHORE
SNWL - SonicWALL, Inc.
MF - MF Global Hld Ltd
TLAN - Talent Alliance Inc
HLXW - Black Sea Oil Inc
XIDE - EXIDE TECHNOLOGIES WI
PUK - PRUDENTIAL PLC
CWTR - Coldwater Creek, Inc
FCEL - FuelCell Energy, Inc.
GLDD - Great Lakes Dredge
AVD - Amer Vanguard Cp
UPMKY - UPM KYMMENE CORP
BMOD - BIOMODA INC
CYBX - Cyberonics, Inc.
BROE - BARON ENERGY INC 0
BWEBF - BackWeb Technologies
TRXAQ - TRONOX INCORPORATED
BAMXY - Bayerische Motoren
AZGS - Aztec Oil & Gas
TITXF - Titan Medical Inc
MEDG - MediaNet Group Tech
ARGC - Artepharm Global Corp
GAIA - Gaiam, Inc.

MACD Crossed above 0

SBUX - Starbucks Corporation
UAUA - UAL CORP
ADI - ANALOG DEVICES INC
CAL - CONTINENTAL AIRLINES
NRG - NRG Energy Inc
DLR - DIGITAL REALTY TRUS
UPL - ULTRA PETROLEUM CP
COH - Coach Inc
ARM - ARVINMERITOR INC
EOG - EOG Resourses
ARMH - ARM Holdings, plc
USU - USEC INC
ROVI - Macrovision Corporation
CXO - Concho Resources Inc
ESRX - Express Scripts, Inc.
DKS - DICKS SPORTING
PAY - Verifone Systems
DVA - DaVita Inc
INFA - Informatica Corp
KSU - Kansas City Southern
CPRT - Copart, Inc.
ACUZ - Accuride Corp

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

Labels: LVS, ROYL, YGE