Hot stocks to watch for Tuesday 27 July
( click to enlarge )Shares of Arena Pharmaceuticals are very bullish with a lot of hot indicators showing up. The slope of the upward move is very steep accompanied by volume. However, as clearly seen on daily chart, the stock needs to take a breather. It cannot sustain a very steep slope forever and looking at the RSI, it has reached the overbought territory in a very sharp upmove. It seems that the breather will happen anytime soon. Things to watch out for tomorrow is the $6.75 level acting as resistance and the gap formed between 6 and 6.21. At this stage, I'm a buyer of ARNA once it breaks through this high. The stock will move quickly and can be very volatile. Watch the stock closely tomorrow and use your stops.
( click to enlarge )BANR broke out today on huge volume. If this chart does what is supposed to do, it will be going higher in the days to come. Technically, the stock is in a short-term Bull Market with share price above 5, 13 and 20 daily moving averages. Let's see if tomorrow the stock will confirm the breakout. Short-term investors can buy with a stop at $2.31 and long-term investors can hold with a stop at $2.08. Let's keep an eye on her as i think momentum will pick up.
( click to enlarge )The stock trader higher on Monday as the stock followed through from Friday’s move. AIB closed near highs, which tells us there is more buying. I'm a buyer of AIB once it breaks today’s high of $2.67 for this continuation move. If the stock can break through $2.67, we should see a strong upside move. All indicators are in favor of an upward price movement. MACD has generated a buy signal and is currently near to cross the 0 line. This momentum could push this stock much higher from here, so keep AIB on your radar for Tuesday’s trading day, as there is good upside potential in this move.
List of stocks whose OBV has been increasing over the last 3 days
BAC - BANK OF AMERICA CORP
F - FORD MOTOR COMPANY
S - Sprint Corp FON Group
GE - GENERAL ELECTRIC CO
CSCO - Cisco Systems, Inc.
AMD - ADVANCED MICRO DVCS
Q - QWEST COMM INTL
LVS - LAS VEGAS SANDS CP
ORCL - Oracle Corporation
T - AT&T Inc
GENZ - Genzyme General
AA - ALCOA INC
JPM - JP Morgan and Co Inc
MGM - Mgm Resorts Int
XOM - EXXON MOBIL CORP
XRX - XEROX CORP
WFC - WELLS FARGO & CO
EMC - EMC CORP
BIDU - Baidu Inc
HPQ - HEWLETT-PACKARD CO
HD - HOME DEPOT INC
FTR - Frontier Communications
AMAT - Applied Materials
DRYS - DRYSHIPS INC
CMCSA - Comcast Corporation
ATVI - Activision, Inc.
PHM - Pultegroup Inc
LOW - LOWES COMPANIES INC
JNPR - Juniper Networks
DIS - DISNEY CO WALT HLDG CO
LCC - US AIRWAYS GROUP INC
KEY - KEYCORP
APA - APACHE CORP
NWSA - News Corp Ltd
MAS - Masco Corporation
GPS - GAP INC
DELL - Dell Inc
TXN - TEXAS INSTRUMENTS INC
AXP - AMERICAN EXPRESS CO
AIG - AMERICAN INTERNATIONAL
MNTA - MOMENTA PHARMACEUTICAL
WU - Western Union
BRCM - Broadcom Corporation
PMI - P M I GROUP INC
ODP - OFFICE DEPOT INC
SWKS - SKYWORKS SOLUTNS
RFMD - RF Micro Devices, Inc.
CRUS - Cirrus Logic, Inc.
ACF - AMERICREDIT CORP
TLAB - Tellabs, Inc.
AMR - A M R CORP 7
HRB - BLOCK H & R INC
USB - US Bancorp
ABB - ABB LTD
CBS - CBS Cl B
LUV - SOUTHWEST AIRLINES CO
HAL - HALLIBURTON CO HLDG CO
TIVO - TiVo Inc.
DHI - Horton DR Inc
UAUA - UAL CORP
KBH - Kaufman and Broad H
FDX - FedEx Corporation
PLD - PROLOGIS TRUST
VOD - Vodafone Gp Plc
STI - SUNTRUST BANKS INC
WFT - Weatherford International
HST - HOST MARRIOTT CORP
DD - DUPONT E I DE NEMOU
CAT - Caterpillar Inc
LEN - LENNAR CORP
DNDN - Dendreon Corporation
CSR - CHINA SECURITY & SU
CHK - CHESAPEAKE ENERGY CORP
AONE - A123 Systems Inc
STLD - Steel Dynamics, Inc.
PG - PROCTER & GAMBLE CO
TER - TERADYNE INC
EK - EASTMAN KODAK CO
EP - EL PASO CORP
MTL - MECHEL OAO
WY - WEYERHAEUSER CO
BK - Bank Ny Mellon
IRE - IRELAND GOVERNOR
BBY - BEST BUY CO INC
MBI - M B I A INC
PTEN - Patterson-UTI Energy
CAL - CONTINENTAL AIRLINES
NTAP - NetApp Inc
GNW - GENWORTH FINCL INC
CLF - Cliffs Natural Resources
LYG - Lloyds Bankg Grp
CVX - Chevron
BA - BOEING CO
TWX - AMERICA ONLINE INC
DOW - DOW CHEMICAL CO
HON - HONEYWELL INTERNATIONAL
NBR - Nabors Industries Inc
TGT - TARGET CORP
AFL - AFLAC INC
MDY - MidCap SPDRS
TSO - Tesoro Corp
GCI - GANNETT CO INC
IGT - INTERNATIONAL GAME
IP - INTERNATIONAL PAPER CO
RDN - RADIAN GROUP INC
WMB - WILLIAMS COS INC
DE - DEERE & CO
PCAR - PACCAR Inc
New 52-week High stocks
Q - QWEST COMM INTL INC
ARNA - Arena Pharmaceutical
GENZ - Genzyme General
MO - ALTRIA GROUP
LCC - US AIRWAYS GROUP INC
BRCM - Broadcom Corporation
CRUS - Cirrus Logic, Inc.
SWKS - SKYWORKS SOLUTNS
UAUA - UAL CORP
ALTR - Altera Corporation
VMED - Virgin Media Inc
ARMH - ARM Holdings, plc
OVTI - OmniVision Technology
LLTC - Linear Technology C
TIBX - TIBCO Software, Inc.
TIE - TITANIUM METALS CORP
SO - SOUTHERN CO
PWER - Power-One, Inc.
AN - AUTONATION INC
INTU - Intuit Inc.
VSH - Vishay Intertechnology
CMI - CUMMINS ENGINE CO INC
RHT - Red Hat, Inc.
EPD - ENTERPRISE PRODUCTS
ARUN - Aruba Networks Inc
CTSH - Cognizant Technology
INFA - Informatica Corp
CRM - SALESFORCE.COM INC
DPS - DR Pepper Snapple G
HCP - HCP Inc
FFIV - F5 Networks, Inc.
ENTR - Entropic Communication
RVBD - Riverbed Technology
CPX - COMPLETE PRODUCTION
RSG - REPUBLIC SERVICES INC
BVF - BIOVAIL CORPORATION
VMW - VMWARE INC CLASS A
VTR - Ventas Inc
MELI - MercadoLibre Inc
FNSR - Finisar Corporation
D - DOMINION RESOURCES
CAVM - Cavium Networks Inc
ROP - ROPER INDUSTRIES INC
XEL - XCEL ENERGY INC
NZ - Netezza Corp
TWTC - Tw Telecom Inc A
ACV - ALBERTO CULVER CO
LINE - LINN ENERGY LLC UTS
NR - NEWPARK RESOURCES INC
HXL - HEXCEL CORP
PNW - PINNACLE WEST CAP CORP
NTY - NBTY, Inc.
ED - CONSOLIDATED EDISON
NXTM - NXSTAGE MEDICAL INC
ROVI - Macrovision Corporation
NHP - NATIONWIDE HLTH PRO
WPRT - Westport Innovations
AEIS - Advanced Energy Ind
BLL - BALL CORP
SAPE - Sapient Corporation
STRI - STR Holdings
IDT - IDT Corp
UGI - U G I CORP HLDG CO
RAI - RJ Reynolds Tobacco
HRL - HORMEL FOODS CORP
KMP - KINDER MORGAN ENRGY
RBCN - Rubicon Technology Inc
AAP - ADVANCE AUTO PARTS INC
APKT - Acme Packet 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
INSIDERS INCREASING SHARES on BANR
July 26, 2010 Banner Corp (BANR)
$1.47M, Form4Oracle Insider Sentiment Rating – Strong Buy:
Orrico Brent A, Director bought $650.00K, increasing his holdings by 174%
Smith Michael Marion, Director bought $50.00K, increasing his holdings by 25%
Sirmon Gary, Director bought $100.00K, increasing his holdings by 24%
Jones D Michael, Chief Executive Officer,Director bought $150.00K, increasing his holdings by 90%
Grescovich Mark J, President,Director bought $100.00K, increasing his holdings by 100%
Epstein Edward L, Director bought $50.00K, increasing his holdings by 733%
Mitchell Dean W, Director bought $40.00K, increasing his holdings by 23%
Lane Robert J, Director bought $60.00K, increasing his holdings by 1000%
Baker Lloyd W, Executive Vice President bought $60.00K, increasing his holdings by 74%
Wagers Gary W, Executive VP, Banner Bank bought $100.00K, increasing his holdings by 493% »♦ALL THESE TRANSACTIONS WERE WITHIN THE LAST 90 DAYS.... HOLD STRONG & LONG
Buy all you can....
Peter
Posted by
Anonymous |
6:43 AM
Great analisys on AIB.
The chart is starting to look like a classical breakout from a nice base. The trend also has leveled out and is showing signs of turning up. Without some bad news injected by the short side, (almost inevitable) we could be in for some serious gains. Volume still needs to build to confirm.
John
Posted by
Anonymous |
6:47 AM