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THQ Inc. (NASDAQ:THQI) failed to continue it’s bullish momentum on Friday. The stock attempted to push higher, topped at 4.14 before whipsawed to the downside, hit the bottomed at 3.93 and closed at 4. On daily chart we can see a pull back with low volume indicating a consolidation phase after some bullish momentum. The bias is neutral in nearest term. A break above 4.20 on a close basis should be seen as a serious threat for the stock to test the highs of July. Immediate resistance is seen at 4.14/4.19 area. Initial support at 3.93 followed by 3.88.
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Alcoa Inc. (NYSE:AA) continued its bullish run this week. The stock price closed higher on weekend after break out above $11.59. Since the strong bullish momentum which started in August 25, the stock gained more than 20%, to a recent $12.20. For the upcoming week, another strong breakout above $12.43 could trigger another strong bullish momentum targeting 12.81 and 13.24. Keep the stock on your radar for Monday’s trading.
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Sirius XM Radio Inc. (NASDAQ:SIRI) had a moderate bullish momentum this week. On daily chart we can see that the bullish power failed to break the 1.20 key level to the upside. However, the bias is bullish in nearest term targeting 1.231 resistance area. Immediate support is seen at 1.11 area. Watch SIRI closely and be ready once the stock breaks through resistance.
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Royale Energy, Inc. (NASDAQ:ROYL) - I like this stock for a long term hold. It's part of my portfolio and I intend to stay with it. Price could break $3 in year, if they can keep good press. Looking at the technical we can see a bullish MACD crossover as a potentially bullish indicator for next week. If the stock breaks resistance at $2.04 ( 50 DMA ), we will see the stock move very quickly as traders like to hop onto the stock once it gets going.
New 52-week High stocks
EMC - EMC CORP
LVS - LAS VEGAS SANDS CP
AAPL - Apple Inc
BRK.B - Berkshire Hathaway Inc
KFT - KRAFT FOODS INC
MO - ALTRIA GROUP
GLD - streetTRACKS Gold S
ALTR - Altera Corporation
CAT - Caterpillar Inc
BIDU - Baidu Inc
TIBX - TIBCO Software, Inc.
AMZN - Amazon.com, Inc.
SLW - Silver Wheaton
NFLX - Netflix, Inc.
NTAP - NetApp Inc
DTV - Directv A
ATML - Atmel Corporation
NKE - NIKE INC CL B
JASO - JA Solar Holdings C
TQNT - TriQuint Semiconductor
PM - Philip Morris International
EMR - EMERSON ELECTRIC CO
ARMH - ARM Holdings, plc
EXPE - EXPEDIA INC
MIPS - MIPS Technologies
BVF - BIOVAIL CORPORATION
WIN - Windstream Corp
IVN - IVANHOE MINES LTD ORD
SVNT - SAVIENT PHARMS
CNP - CenterPoint Energy Inc
PCS - MetroPcs Communication
COST - Costco Wholesale Co
SWKS - SKYWORKS SOLUTNS
RHT - Red Hat, Inc.
VMED - Virgin Media Inc
AMX - America Movil SA
KMX - CarMax Inc
VMW - VMWARE INC CLASS A
CMI - CUMMINS ENGINE CO INC
SO - SOUTHERN CO
MCP - Molycorp Inc
NVS - NOVARTIS A G
REDF - Rediff Com
AGU - AGRIUM INC
TDC - Teradata Corp
GENZ - Genzyme General
SOL - Renesola Ltd
RAX - Rackspace Hosting Inc
AMT - AMERICAN TOWER CORP
CTXS - Citrix Systems, Inc.
HEW - Hewitt Associates Inc
CCI - Crown Castle International
ID - Viisage Technology
CTRP - CTRIP.COM INTL LTD ADS
MJN - Mead Johnson Nutrition
CZZ - Cosan Limited Cl A
ANAD - ANADIGICS, Inc.
IBN - Icici Bank Ltd
INFA - Informatica Corp
JOYG - Joy Global Inc
QSFT - Quest Software, Inc.
ENDP - Endo Pharmaceutical
INFN - Infinera Corp
PX - PRAXAIR INC
INFY - Infosys Technologies
LBTYA - Liberty Global Inc
PRGO - Perrigo Company
WSM - WILLIAMS SONOMA INC
INCY - Incyte Genomics Inc.
FFIV - F5 Networks, Inc.
ROVI - Macrovision Corporation
VPHM - ViroPharma Incorporation
SI - SIEMENS A G ADR
TWI - TITAN INTL INC
LXK - Lexmark International
ETN - EATON CORP
BWA - BorgWarner Inc
DVA - DaVita Inc
VHC - PASW Inc.
PGN - Progress Energy Inc
VAR - Varian Medical Systems
HS - HEALTHSPRING INC
SVR - SYNIVERSE HOLDINGS INC
EBIX - Ebix Inc
ERJ - EMBRAUER EMPRESSA BRA
ORLY - O'Reilly Automotive
SPRD - Spreadtrum Communication
SMTC - Semtech Corporation
PPG - P P G INDUSTRIES INC
BRFS - Brf-Brasil Foods
Unusual High volume detected
PBR - PETROLEO BRASILEIRO SA
HPNN - Hop-On Inc.
CGHI - Centurion Gold Holdings Inc
ISIM - Insight Management
LIA - Liberty Acquisition
CKEI - Clickable Enterprises Inc.
VICL - Vical Incorporated
EVRM - The Evermedia Group, Inc.
CLYW - CALYPSO WIRELESS INC
ABWTQ - AbitibiBowater, Inc.
SIFY - Sify Tech Lt ADR
LTHU - Lithium Technology
GNVC - GenVec Inc
KRA - Kraton Performance
AMAG - Amag Pharma
CTCC - City Capital Corp
REDF - Rediff Com
EDU - New Oriental Education
RNWK - RealNetworks, Inc.
PTSC - Patriot Scientific
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.
Have a nice weekend,
AC
Labels: AA, ROYL, SIRI, THQI