Stocks to watch for Wednesday June 23
( click to enlarge )SWKS had a good run since the middle of May. It broke the resistance on 18 June and reached a high of 18.34 in yesterday's trading session. The stock is now pulling back on low volume to digest its gains and test support from its 10-day moving average at $16.87. Stochastic has made a bearish crossover and RSI is coming down from overbought levels. The MACD indicator is still above its signal line, indicating that the Bulls are still in control. If the stock is able to bounce off from $16.87 which is the 10-day moving average, there is a chance for the stock to test its recent high of $18.34.
( click to enlarge )PLUG closed up on high volume a sign that investors are buying into the stock. The technical chart is also showing bullish signs. The MACD indicator made a bullish crossover recently and RSI has more room to rise before it reaches overbought territory. +DI is also above –DI, it indicates a continuation of the up trend. Resistance is now at 0.684 followed by 0.75 (March 26 High).
( click to enlarge )The medium-term outlook for SOLR is bullish and a close above $6.19 will confirm this view. On the contrary, a close below $5.67 will have bearish implications and would push the stock to the 5.57-5.50 range. The MACD indicator is still above its signal line, indicating that the Bulls are still in control.
( click to enlarge )DNDN - The technical chart is looking weak with MACD below its signal line and –DI above the +DI together with an increasing ADX value. The support level for DNDN is near the $33 level which is where the 200-day moving average is located.
Earnings Announcements for WednesdayAgria Corporation - GRO
American Software - AMSWA
Bed Bath & Beyond Inc. - BBBY
CarMax, Inc - KMX
Carver Bancorp - CARV
Friedman Industries - FRD
FSI International - FSII
Herman Miller - MLHR
LML Payment Systems - LMLP
Nike - NKE
Paychex - PAYX
QIAO XING MOBILE COMMUNICATION CO LTD - QXM
Rite Aid Corporation - RAD
Spectrum Control - SPEC
TECHPRECISION CORP - TPCS.OB
Universal Security Instruments - UUU
List of stocks whose MA 13 crossed above the MA 50 ( Bullish Cross )
RPC - AMDL Inc
BDCO - Blue Dolphin Energy
KNX - Knight Transportation
NTMG - NT Mining Corp
BNE - BOWNE AND COMPANY INC
ACC - AMER CAMPUS COMMUNICATION
GBG - Great Basin Gold Ltd
ENB - ENBRIDGE INC
PCH - POTLATCH CORP
CEO - CNOOC Ltd
List of stocks whose MA 13 crossed below the MA 50 ( Bearish Cross )
CIM - Chimera Investment
XCO - EXCO RESOURCES INC
BEXP - Brigham Exploration Co
GRS - GAMMON GOLD
OC - Owens Corning Inc
ACUZ - Accuride Corp
MCLN - General Devices Inc
CAVM - Cavium Networks Inc
KRY - Crystallex International
DTG - DOLLAR THRIFTY AUTO
MNRO - Monro Muffler Brake
REGN - Regeneron Pharmaceutical
DGIT - DG FastChannel
List of stocks whose volume has spiked 250% or more above its average daily volume
BVF - BIOVAIL CORPORATION
ULU - ULURU Inc
ETRM - EnteroMedics Inc
AFFY - Affymax Inc
CYPB - Cypress Bioscience
MRVC - Mrv Comm Inc
URRE - URANIUM RESOURCES INC
ACGJ - Demegen Inc
ORIT - Oritani Financial Corp
FRBK - Rep First Bancp
BDCO - Blue Dolphin Energy
UUGRY - UNITED UTILITIES P L C
TARRQ - Tarragon
JLI - Empire Financial Ho
SKRRF - Scottish Re Group Ltd
New 52-week High stocks
BVF - BIOVAIL CORPORATION
SLE - SARA LEE CORP
SNWL - SonicWALL, Inc.
VRX - I C N PHARMACEUTICAL
ARBA - Ariba, Inc.
MTB - M & T BANK CORP
BRFS - Brf-Brasil Foods
SRCL - Stericycle, Inc.
BLL - BALL CORP
ABV - Companhia de Bebida
RBCN - Rubicon Technology Inc
MIG - MEADOWBROOK INS GRO
ISLN - Isilon Systems Inc
GSIC - GSI Commerce, Inc.
CIB - BANCOLOMBIA S A
CYBX - Cyberonics, Inc.
EDU - New Oriental Education
SMTS - Somanetics Corporation
CLB - CORE LABORATORIES N V
VRAD - Virtual Radiologic
New 52-week Low stocks
NOK - NOKIA CORP
SCHW - Charles Schwab Corp
APOL - Apollo Group, Inc.
COCO - Corinthian Colleges
GRS - GAMMON GOLD
MYGN - Myriad Genetics, Inc.
BKS - BARNES & NOBLE INC
MDVN - Orion Acquisition C
GXDX - Genoptix Inc
ABFS - Arkansas Best Corporation
NGG - National Grid Trans
SYKE - Sykes Enterprises
UTA - Universal Travel
ATK - ALLIANT TECHSYSTEMS
TNDM - Neutral Tandem Inc
CADX - Cadence Pharmaceutical
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: DNDN, PLUG, SOLR, SWKS
