Stocks to watch for Thursday June 17

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JDSU looks like it wants to breakout of a consolidation range, as the stock closed slightly higher on Wednesday. I'm watching the stock today and I'm a buyer if it can break Wednesday’s high of $11.81. If the stock can break resistance, we should see an increase in volume to drive the stock higher. Watch the stock closely today.

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LVLT looks to be breaking out, as the stock closed up $.08 on Wednesday. The stock looks to have bounced off lows earlier this month as it gains upside momentum. LVLT is a fast moving stock, so you need to watch it closely and be ready for this upside move.

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AOB made a strong upside move on Wednesday, after the stock had been consolidating at lows for the past five days. Wednesday’s high was $2.99, which is too close to the natural resistance at $3. I'm using the May 28th high of $3.14 as resistance for my buy point.

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PLUG is back on my list for today, as the stock traded up $.042 on Wednesday. I like the chart formation for this stock and expect to see a stronger breakout move. Resistance is now $0.487. Keep the stock on your radar for the next few trading days. If PLUG can break through resistance, we should see a strong upside move.

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ROYL broke out of a range on Wednesday as the stock closed up $.11 on the day. Volume was huge !!! Seeing the moving averages above I analyse that the stock is now above its 50-day and 200-day moving averages. If it sustain we may see more rise in the stock in the next few days. I like the stock for the long-term. ROYL hit a high of $2.58, which is resistance for the continuation move.

Watch List:

Earnings Announcements for Thursday

Actuant Corporation - ATU
Breeze-Eastern Corporation - BZC
J. M. Smucker Company - SJM
PET DRX CORPORATION - VETS
Pier 1 Imports, Inc. - PIR
RUN OF RIVER POWER INC - ROR
Signalife Inc. - SGN
Smart Modular Technologies - SMOD
Smithfield Foods - SFD
The Kroger Co. - KR
Winnebago - WGO

Stocks that have a Bullish Engulfing pattern at the end of their daily chart

MDT - MEDTRONIC INC
ABC - AMERISOURCEBERGEN CORP
HOLX - Hologic, Inc.
PPL - PPL CORPORATION
FST - FOREST OIL CORP
DG - Dollar General Corp
ANH - Anworth Mortgage As
VOLC - VOLCANO CORPORATION
CMO - CAPSTEAD MORTGAGE CORP
TWTC - Tw Telecom Inc A
GRT - GLIMCHER REALTY TRUST
ITG - INVESTMENT TECHNOLO
CME - CME Group Inc
UTIW - UTI Worldwide Inc
PPC - PILGRIMS PRIDE CP
WMGI - Wright Medical Group
SIRO - Sirona Dental Systems
ARB - ARBITRON INC
PBTH - Prolor Biotech
LFL - Lan Airlines
ST - Sensata Technologies

Unusual volume Detected

FNM - Fannie Mae
FRE - FREDDIE
ICBT - ICBS LTD
PWLK - POWERLOCK INTL CORP
NUBL - Numobile, Inc.
CYOS - CYOP SYSTEMS INTL INC
BFHJ - BENEFICIAL HOLDINGS INC
SMTS - Somanetics Corporation
DTSL - Delivery Technology
JDAS - JDA Software Group
CRIS - CURIS INC
ADPAS - Adelphia Recovery T
GXDX - Genoptix Inc
FSC - Fifth Street Finance Corp.
BPFH - Boston Private Financial
ADPAJ - ADELPHIA RECOVERY ARAHOVA
BDCO - Blue Dolphin Energy
CVRG - Converge Global, Inc.
URRE - URANIUM RESOURCES INC
ACAD - ACADIA PHARMACEUTICAL
SMMX - Symyx Technologies
BLT - BLOUT INTERNATIONAL
PINN - Pinnacle Gas Resoures
SOLU - SOLUTIONS GROUP INC
MRVC - Mrv Comm Inc
KIWB - Magnitude Information
GTU - Central Gold Trust
GEYI - Global Energy Inc
SGU - STAR GAS PARTNERS L P
TARRQ - Tarragon
PUBGY - PUBLICIS SA
ITIG - Intelligroup, Inc.
EFGU - Empire Film Group Inc
LLSR - Lantis Laser Inc
CRMY - Carmel Energy Inc
CHIM - Global X China Mate
GASS - STEALTHGAS INC
PERT - Triden Telecom Inc
FTLK - Funtalk China Holdings
CRGE - Clenergen Corp
FEEL - Feel Golf Co Inc

MACD Crossed above 0

MOT - MOTOROLA INC
EMC - EMC CORP
CMCSA - Comcast Corporation
KEY - KEYCORP
ATVI - Activision, Inc.
SMTS - Somanetics Corporation
HST - HOST MARRIOTT CORP
XLNX - Xilinx, Inc.
IP - INTERNATIONAL PAPER CO
CX - CEMEX S.A.
ACTC - Advanced Cell Techn
TSN - TYSON FOODS INC CL A
UNP - UNION PACIFIC CORP
MAR - MARRIOTT INTL INC NEW
TRV - The Travelers Co
RAX - Rackspace Hosting Inc
MMR - MCMORAN EXPLORATION CO
DNR - DENBURY RESOURCES INC
AEP - AMERICAN ELEC PWR C
VIP - Vimpelcom Ltd
MCHP - Microchip Technolog
EIX - EDISON INTERNATIONAL
UN - UNILEVER N V
WYNN - Wynn Resorts LTD
KOG - KODIAK OIL & GAS CP
VNQ - VANGUARD SPEC FDS R
AEM - AGNICO EAGLE MINES LTD
NVE - SIERRA PACIFIC RESO
FPL - Nextera Energy
FNSR - Finisar Corporation
PINN - Pinnacle Gas Resources
UDR - UDR Inc
CRAY - Cray Inc
ATI - Allegheny Technolog
CCK - CROWN CORK & SEAL I
CAVM - Cavium Networks Inc
EPI - WisdomTree India Ea
KEG - Key Energy Services
TCB - T C F FINANCIAL CORP
UL - Unilever PLC
USU - USEC INC
DTE - D T E ENERGY CO
AMB - AMB Property Corp
PFN - PIMCO FLT RATE STRA
SLG - SL Green Realty Corp
ALV - AUTOLIV INC
KLIC - Kulicke and Soffa I
FMCN - Focus Media Hldg
NIHD - NII Holdings Inc
CRS - CARPENTER TECH CORP
DRLY - DORAL ENERGY CORP
GOL - GOL LINHAS AEREAS I
CINF - Cincinnati Financial
INFA - Informatica Corp
DXCM - DEXCOM
HIW - Highwoods Properties
BMR - BIOMED REALTY TR INC
PLL - PALL CORP
HOC - Holly Cp
AVNR - Avanir Pharm
JRCC - JAMES RIVER COAL CO
EXXI - Energy XXI Ltd
EXH - Exterran Holdings Inc
PUBGY - PUBLICIS SA
TMK - TORCHMARK CORP

New 52-week High stocks

LVS - LAS VEGAS SANDS CP
LCC - US AIRWAYS GROUP INC
SNDK - SanDisk Corporation
SBUX - Starbucks Corporation
SMTS - Somanetics Corporation
CRUS - Cirrus Logic, Inc.
EP - EL PASO CORP
NBIX - Neurocrine Bioscien
SUN - SUNOCO INC
UAUA - UAL CORP
CAL - CONTINENTAL AIRLINES
ABC - AMERISOURCEBERGEN CORP
AKAM - Akamai Technologies
INTU - Intuit Inc.
VRSN - VeriSign, Inc.
RHT - Red Hat, Inc.
OVTI - OmniVision Technolo
CTRP - CTRIP.COM INTL LTD ADS
HCP - HCP Inc
AVGO - Avago Technologies
PEG - Public Service Elec
FFIV - F5 Networks, Inc.
HAS - HASBRO INC
LULU - lululemon athletic
CROX - CROCS INC
DISCA - Discovery Holdings
ARUN - Aruba Networks Inc
ICE – INTERCONTINENTALEXC
SAPE - Sapient Corporation
THOR - Thoratec Laboratories
FST - FOREST OIL CORP
SKX - SKECHERS USA INC
QCOR - Questcor Pharm
UA - UNDER ARMOUR INC
CLR - Continental Resources
VQ - Venoco Inc
ARBA - Ariba, Inc.
DXCM - DEXCOM
ALK - ALASKA AIR GROUP INC
CLC - CLARCOR INC
AAP - ADVANCE AUTO PARTS INC
NHP - NATIONWIDE HLTH PRO
SRCL - Stericycle, Inc.
MKC - MCCORMICK & CO INC
BEZ - BALDOR ELECTRIC CO
UPI - Uroplasty Inc
MELI - MercadoLibre Inc
MIL - MILLIPORE CORP
GOLD - RANDGOLD RESOURCES

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.

Good luck to all,

AC

Labels: AOB, JDSU, LVLT, PLUG, ROYL