Stocks to watch for Tuesday June 22
( click to enlarge )SIRI has been under pressure recently but in the last sessions the stock reversal its trend. The stock had a very bullish action in the last two weeks rebounding nearly 20 percent of the recent downward move. The stock closed in today's session at $1.08 with gains of 3.85%. Looking at the technical chart, the stock is currently in a short-term uptrend. It has resistance at $1.13 and then at $1.23. On the downside, it has strong support around $1.03 to $1 levels. If these levels are broken, then the trend would become down. Continue to watch SIRI because the stock should give us an opportunity for a trade soon.
( click to enlarge )SYNA traded higher today, after the stock received an analyst upgrade. $30.50 is resistance for the continuation move. This upside move in a weak market tells us there are buyers for SYNA. The technical daily chart shows the stock has just entered into a bull market as the stock is now on top of 50-day moving average and 200 day moving average. In addition , the 50-dma has crossed on top over 200-dma in April forming the Golden Cross, a very positive sign.
( click to enlarge )AA had a strong day as the stock closed up $.61 on heavy volume. Today’s high of $12.12 is now resistance for the continuation move that should occur very soon. I'm a buyer of AA once it breaks resistance, as I expect to see a strong upside move.
( click to enlarge )The stock has been in a range over the past six trading days. YGE looks like it wants to breakout of this range, but has not been able to gain the needed momentum. Today’s high of $10.87 is the top of this range, which makes it resistance for the breakout move. You should keep this stock on your screen radar.
Stocks that have a Bearish Engulfing pattern at the end of their daily chart
MSFT - Microsoft Corporation
MRVL - Marvell Technology
WMT - Wal-Mart Stores Inc
AUY - YAMANA GOLD INC
GDX - MKT VECT GOLD MNRS
SD - Sandridge Energy Inc
OXY - OCCIDENTAL PETROLEU
SYMC - Symantec Corporation
SWKS - SKYWORKS SOLUTNS
MYL - Mylan Inc
DNDN - Dendreon Corporation
JBLU - JetBlue Airways Corporation
KGC - KINROSS GOLD CORP
XLNX - Xilinx, Inc.
APA - APACHE CORP
BBBY - Bed Bath & Beyond Inc.
GPN - GLOBAL PAYMENTS INC
EXC - EXELON CORPORATION
TJX - TJX COMPANIES INC
SQM - Sociedad Quimica
PEG - Public Service Elec
SO - SOUTHERN CO
PGR - PROGRESSIVE CORP
FRX - FOREST LABORATORIES
HMY - HARMONY GOLD MINING
NWL - NEWELL RUBBERMAID INC
NVE - SIERRA PACIFIC RESOURCES
NKE - NIKE INC CL B
ARO - AEROPOSTALE INC
STR - QUESTAR CORP
AINV - APOLLO INVT CORP
TQNT - TriQuint Semiconductor
SVM - Silvercorp Metal
SRE - SEMPRA ENERGY
MCHP - Microchip Technolog
CELG - Celgene Corporation
AN - AUTONATION INC
VIV - Telesp Celular Part
SY - Sybase Inc
XEC - Cimarex Energy Co
MJN - Mead Johnson Nutrition
PAAS - Pan American Silver
FPL - Nextera Energy
EL - ESTEE LAUDER COMPANIES
AGQ - ProShares Ultra Silver
KLIC - Kulicke and Soffa
LEAP - LEAP WIRELESS INTL
New 52-week High stocks
LVS - LAS VEGAS SANDS CP
AIPC - AMERICAN ITALIAN PA
AAPL - Apple Inc
CRUS - Cirrus Logic, Inc.
SNDK - SanDisk Corporation
EP - EL PASO CORP
NTAP - NetApp Inc
EGO - ELDORADO GOLD CP
SBUX - Starbucks Corporation
SWKS - SKYWORKS SOLUTNS
TIE - TITANIUM METALS CORP
CTRP - CTRIP.COM INTL LTD ADS
IR - INGERSOLL RAND CO
AMT - AMERICAN TOWER CORP
CROX - CROCS INC
CMI - CUMMINS ENGINE CO INC
NGD - DRC RESOURCES CP
MTB - M & T BANK CORP
PEG - Public Service Elec
SUN - SUNOCO INC
AKAM - Akamai Technologies
CAL - CONTINENTAL AIRLINES
ENTR - Entropic Communications
VRSN - VeriSign, Inc.
CRM - SALESFORCE.COM INC
New 52-week Low stocks
AFFY - Affymax Inc
NOK - NOKIA CORP
COCO - Corinthian Colleges
GXDX - Genoptix Inc
MYGN - Myriad Genetics, Inc.
SYKE - Sykes Enterprises
List of stocks whose MA 13 crossed above the MA 50 ( Bullish Cross )
AIPC - AMERICAN ITALIAN PA
SU - SUNCOR ENERGY INC
OXY - OCCIDENTAL PETROLEU
MHS - MEDCO HEALTH SOLUTION
EFJI - Ef Johnson Tech
SBAC - SBA Communications
CPE - CALLON PETROLEUM CO
TPX - TEMPUR-PEDIC INTL INC
FMX - FOMENTO ECONOMICO M
COO - COOPER COS INC NEW
List of stocks whose volume has spiked 250% or more above its average daily volume
BVF - BIOVAIL CORPORATION
AIPC - AMERICAN ITALIAN PA
CYPB - Cypress Bioscience
ABHI - AmbiCom Holdings Inc
DMAT - Dematco Inc
MTRO - Metro One Development
CYRV - CRYSTAL RIVER CAPIT
OOGI - Odysey Oil Enrgy
CWLZ - Cowlitz Bancorp
ICPRE - ICP Solar Technolog
DALXF - Dualex Energy Intl Inc
EAG - American Defense Sy
SPMI - SPEEDEMISSIONS INC
DIGI - Digitiliti 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.
Good luck to all,
AC
