Stocks to watch on June 25
( click to enlarge )LVS opened strong but closed weak with above average volume. Selling pressure is picking up and a move below $25 would be bearish.
( click to enlarge )ZION has broken its bullish trend and technical indicators are turning lower again suggesting another leg down.
( click to enlarge )DELL failed to close above the resistance level of 14. This resulted in a sharp drop today. The recent price patterns suggest that the downward move on Friday could continue. A decline to the 12.36-12.78 range appears likely. A close below $12.36 would impart further weakness and would push the stock to the $11.6-$12 range.
( click to enlarge )ROYL - Looking at the technical chart, we can see a Doji at the bottom after a steep downtrend. The next two days will confirm if a new uptrend will take place.
( click to enlarge )FRPT failed to follow-through to the upside after yesterday's rally. Major support is now located at $3.99 while resistance is located at $4.29.
( click to enlarge )The decline in YGE over the last few days looks like a bull flag is in progress. This is a potentially bullish pattern that requires confirmation with an upside breakout.
Other stocks to watch :
News
AVAV - AeroVironment reports Q4 EPS 71c vs. consensus of 59c
HRB - H&R Block reports Q4 EPS $2.10 vs. consensus of $2.04
ORCL - Oracle reports Q4 adjusted EPS 60c vs. consensus of 54c
RIMM - Research in Motion reports Q1 EPS $1.38 vs. consensus of $1.34
SNX - SYNNEX Corporation reports Q2 EPS 70c vs. consensus of 68c
TIBX - Tibco reports Q2 EPS 15c vs. consensus of 13c
ACN - Accenture reports Q3 EPS 73c vs. consensus of 69c
Stocks that have a Bullish Engulfing pattern at the end of their daily chart
MI - MARSHALL & ILSLEY CORP
COCO - Corinthian Colleges
SRE - SEMPRA ENERGY
WEC - WISCONSIN ENERGY CORP
SJM - Smucker JM Co
HANS - Hansen Natural Corp
BRKR - Bruker Corp
HTS - Hatteras Financial
NBIX - Neurocrine Bioscien
FTNT - Fortinet Inc
SAFM - Sanderson Farms, Inc.
GEO - WACKENHUT CORRECTIONS
ICLR - ICON plc
HTLD - Heartland Express
BEC - BECKMAN COULTER INC
SLXP - Salix Pharmaceutical
Stocks that have a Bearish Engulfing pattern at the end of their daily chart
NLY - Annaly Capital Mana
SWKS - SKYWORKS SOLUTNS
GGB - GERDAU USA
TSO - Tesoro Corp
XLNX - Xilinx, Inc.
CCE - COCA COLA ENTERPRIS
TJX - TJX COMPANIES INC
TLB - TALBOTS INC
GNA - GERDAU AMERISTEEL CP
CRM - SALESFORCE.COM INC
UPL - ULTRA PETROLEUM CP
JCG - J CREW GROUP INC
AVGO - Avago Technologies
SAP - Sap Ag
BG - BUNGE LTD
FTE - France Telecom ADS
CHU - CHINA UNICOM LTD
AEZ - AMER OIL & GAS INC
SPWRB - SunPower Corp
BUD - Anheuser-Busch Inbe
SFSF - SuccessFactors Inc
OMN - OMNOVA SOLUTIONS INCQ
VPRT - Vistaprint Nv
SIGA - SIGA Technologies Inc.
ITRI - Itron, 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
Labels: DELL, FRPT, LVS, ROYL, YGE, ZION
