Stock Picks for Friday August 13
( click to enlarge )C - The stock had a moderate bullish momentum today closing at 3.87. The main scenario remains to the downside but as long as price stay above 3.85-3.87 area the upside correction scenario remains likely. Immediate resistance at 3.90 ( 200-day moving average ). Consistent move above this area could trigger further bullish pressure towards $4. On the downside, a break below 3.85 could end the upside correction targeting $3.77 region.
( click to enlarge )MOT - The stock failed to continue its bearish correction today. On daily chart above we can see that price is now testing the trendline resistance indicating critical phase. A break above the trendline resistance could trigger further bullish pressure testing 8.35/8.40 region and could potentially end the downside correction.
( click to enlarge )After the market close, ADSK reported better then expect earnings. The stock is trading up after hours and should be a big winner on Friday. The stock is going to be hot tomorrow, but you will have to be smart when you trade this stock. If ADSK gaps above or trades through resistance early in the morning, wait some minutes before buying the stock.
( click to enlarge )DYN is in a bearish trading condition. The fall in the stock has been extended by the violation of the support line at $3.46 and as long as the stock trades below this line stay bearish, this bearish trading condition will prevail. Fresh investments in DYN are recommended only on a daily close above 3.46.
Other stocks to watch :
Companies reporting earnings before the Market Open on Friday : JCP, CPC, NEXS, ADES, JCP, CPC, NEXS, ADES
CTIC - Cell Therapeutics, Inc. - The stock lost momentum and started falling down. Next Support $.30
BAC - Banc of America - It seems to me that everyone is looking for a bounce here.The following list show stocks whose share price crossed above its 13-day moving average
EAT - BRINKER INTL INC
SOA - Solutia Inc
ANR - ALPHA NATURAL RESOURCES
CTRP - CTRIP.COM INTL LTD ADS
HSP - HOSPIRA INC
IPI - Intrepid Potash Inc
DTG - DOLLAR THRIFTY AUTO
NVAX - Novavax Inc
GETAD - GENTA INC
HW - Headwaters Inc
MOO - Mk Vector Agribs
HOGS - Strong Technical Inc
The following list show stocks whose share price crossed below its 13-day moving average
VZ - Verizon Comm
T - AT&T Inc
LDK - LDK Solar Co Ltd
MO - ALTRIA GROUP
AKAM - Akamai Technologies
LLY - LILLY ELI & CO
KR - KROGER CO
CTXS - Citrix Systems, Inc.
ABT - ABBOTT LABORATORIES
DNDN - Dendreon Corporation
ED - CONSOLIDATED EDISON
CTSH - Cognizant Technology
CROX - CROCS INC
AMP - AMERIPRISE FINANCIAL
D - DOMINION RESOURCES
SOMX - SOMAXON PHARMACEUTIC
MRX - MEDICIS PHARM CORP
BG - BUNGE LTD
BBG - Bill Barrett Corp
MA - MASTERCARD INCORPORATION
AVII - AVI BioPharma, Inc.
BID - SOTHEBYS HOLDINGS INC
LFL - Lan Airlines
ENDP - Endo Pharmaceutical
The following list show stocks whose the daily chart created a bullish engulfing candlestick formation
LVS - LAS VEGAS SANDS
VZ - Verizon Comm
NVDA - NVIDIA Corporation
POT - POTASH CORP SASKATC
WAG - WALGREEN CO
MHS - MEDCO HEALTH SOLUTIONS
ADM - ARCHER DANIELS MIDL
MOS - Mosaic Co
PPL - PPL CORPORATION
ESRX - Express Scripts, Inc.
TEVA - Teva Pharmaceutical
BAX - BAXTER INTERNATIONAL
TRV - The Travelers Co
XEL - XCEL ENERGY INC
ED - CONSOLIDATED EDISON
ANN - ANNTAYLOR STORES CORP
PDLI - PDL BioPharma
VCLK - ValueClick, Inc.
VVUS - Vivus, Inc.
ANR - ALPHA NATURAL RESOURCES
CTRP - CTRIP.COM INTL LTD ADS
GMCR - Green Mountain Coffee
WYN - Wyndham Worldwide WI
BVF - BIOVAIL CORPORATION
ORLY - O'Reilly Automotive
HAR - HARMAN INTL INDS INC
MBT - MOBIL TELESYSTEMS
HSP - HOSPIRA INC
MYGN - Myriad Genetics, Inc.
MDRX - Allscripts, Inc.
WFMI - Whole Foods Market
PCLN - priceline.com Incorporation
WLT - Walter Energy
BG - BUNGE LTD
UFS - Domtar Corp
IPI - Intrepid Potash Inc
AMLN - Amylin Pharmaceutical
DLTR - Dollar Tree Inc
VAR - Varian Medical Systems
JAG - JAGUAR MINING INC
CXW - Corrections Corporation
ANV - Allied Nevada Gold
WPI - WATSON PHARMACEUTICALS
TK - Teekay Co
RBCN - Rubicon Technology Inc
New 52-week High stocks
NFLX - Netflix, Inc.
ODSY - Odyssey Healthcare
GGAL - Grupo Financiero Ga
TTM - TATA MOTORS LTD ADS
CHL - China Mobile ltd
TRE - TANZANIAN RY EXP
New 52-week Low stocks
BAC - BANK OF AMERICA CORP
HPQ - HEWLETT-PACKARD CO
AMAT - Applied Materials
NVDA - NVIDIA Corporation
FLEX - Flextronics International
SYMC - Symantec Corporation
CX - CEMEX S.A.
PMCS - PMC - Sierra, Inc.
GPS - GAP INC
NBR - Nabors Industries Inc
MFC - MANULIFE FINANCIAL
JCP - PENNEY J C CO INC
BBT - BB&T CORPORATION
COCO - Corinthian Colleges
MHS - MEDCO HEALTH SOLUTIONS
SWN - SOUTHWESTERN ENERGY CO
HCBK - Hudson City Bancorp
CHS - Chicos FAS Inc
CEG - Constellation Energ
MR - MINDRAY MEDICAL INT
PBCT - People's Bank
PAYX - Paychex, Inc.
APOL - Apollo Group, Inc.
RRC - Range Resources Corp
PBI - PITNEY BOWES INC
MFE - MCAFEE, Inc.
RTN - Raytheon Co
SAI - SAIC INC
UPL - ULTRA PETROLEUM CP
ITT - ITT Corp
FHN - FIRST TENNESSEE NAT
LEAP - LEAP WIRELESS INTL
VMC - VULCAN MATERIALS CO
GMXR - Gmx Resourcs Inc
GMR - GENERAL MARITIME CORP
ISIL - Intersil Holding Co
CSC - COMPUTER SCIENCES CORP
CVA - Covanta Holding Cp
CME - CME Group Inc
WL - WILMINGTON TRUST CORP
OI - OWENS ILLINOIS INC
VPRT - Vistaprint Nv
MIR - MIRANT CORPORATION
ESI - I T T EDUCATIONAL SVCS
ISIS - Isis Pharmaceutical
URS - U R S CORP
UNTD - United Online Inc
CNW - C N F TRANSPORTATION
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
