Trade ideas for next week
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Intel Corporation (NASDAQ:INTC) added 1.51% to $21.53, moving up to a new high for the uptrend from early September. The 52-week range of the stock is $17.60-$24.37. INTC is currently testing minor resistance around $21.78, a small pause around this resistance is likely before further rally. Strong move above this resistance will take the stock higher to $22.27 or $22.82 in the medium-term. Inability to surpass $21.78 will pull the stock lower to $20.39 ( 200-day moving average ), a key support. Keep watching INTC for the next week.
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Halliburton Company (Public, NYSE:HAL) broke out to new highs but pulled back when the market sold off. I will be watching the stock again on Monday to see if it can break today’s high of $38.50. As long as the stock trades above $35 support level, its short-term uptrend stays intact and it can gradually move higher to new highs. However, a slip below $32.93 ( 50-day moving average ) will drag the stock down to $31.45. Keep this stock on your radar.
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As I have discussed this possibility last week, THQ Inc. started breaking out of the consolidation. I have an immediate target of $4.80 (next swing point) and then possibly $5. Short-term technical indicators remain favorable. A close above congestion resistance at $4.40 would reconfirm the uptrend from late September and forecast additional gains. On the other hand, any close below the congestion support in the 3.96 area would predict a move down to $3.75. The uptrend continuation scenario is more likely. Needless to say, the next week will be important for THQI. If it can break $4.40, traders will be looking for a new leg up to a higher range.
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The Walt Disney Company (Public, NYSE:DIS) closed sharply higher today, moving up to a new high for the uptrend from early October. Looking at thechnical chart, overall indicators remain bullish supporting a continuation of the advance. There is good upside in this stock, so keep it on your radar for Monday.
Other stocks to watch :
New 52-week High stocks
DIS - DISNEY CO WALT HLDG CO
HAL - HALLIBURTON CO HLDG CO
JNPR - Juniper Networks
ST - Sensata Technologies
KO - COCA COLA CO
A - Agilent Technologies
RVBD - Riverbed Technology
DDS - DILLARDS INC CL A
FFIV - F5 Networks, Inc.
ETN - EATON CORP
BSDM - BSD Medical Corp
WPI - WATSON PHARMACEUTICALS
WNR - WESTERN REFINING INC
MSCC - Microsemi Corporation
CSTR - Coinstar, Inc.
NFX - NEWFIELD EXPLORATION
TEN - Tenneco Inc
SMTC - Semtech Corporation
APKT - Acme Packet Inc
OKE - ONEOK INC
SHFL - Shuffle Master, Inc.
SHOR - ShoreTel Inc
Unusual volume in today's trading session
PLFM - Platforms Wireless International Corp.
VYGO -Voyager Petroleum, Inc.
INIX - IFinix Corporation
ST - Sensata Technologies
RJET - REPUBLIC AIRWAYS HL
HELI - Heli Electronics Corp
MRGP - Nu-Mex Uranium Corp
STRI - STR Holdings
ARGC - Artepharm Global Corp
CODI - Compass Hlg Shrs
ACOM - Ancestry.com Inc
DMAT - Dematco Inc
STTN - Smart-Tek Solutions Inc.
UNTK - UNITEK GLOBAL SERVICE
HLYS - Heelys
ASFZ - ASSOC FIRST CAP CORP
CLSP - CALLISTO PHARMACEUTICAL
EDAP - EDAP TMS S.A.
CTEL - City Telecom (H.K)
DNRR - Denarii Resources Inc
GMTC - GameTech International
EIHC - Xiom Corp
Earnings Announcements for Monday
3SBIO INC - SSRX
A.P. Pharma Inc. - APPA
Abraxas Petroleum - AXAS
ACORN INTERNATIONAL INC - ATV
ActivIdentity - ACTI
ADC - ADCT
Advanced Photonix - API
Alanco Technologies - ALAN
American Realty Investors, Inc - ARL
AMERICAN SPECTRUM REALTY INC - AQQ
Ameritrans Capital - AMTC
ANIMAL HEALTH INTERNATIONAL INC - AHII
ARCA biopharma, Inc. - ABIO
AUTHENTIDATE HLDG CORP - ADAT
BIODELIVERY SCIENCES INTL INC - BDSI
BMB MUNAI INC - KAZ
Callon Petroleum - CPE
CASTLE BRANDS INC - ROX
Central Garden & Pet Company - CENT
Champion Industries - CHMP
Charter Financial Corporation - West Point GA - CHFN
CHINA ARCHITECTURAL ENGR INC - CAEI
CHINA AUTO LOGISTICS INC - CALI
China Distance Education Holdings Limited - DL
CHINA EDUCATION ALLIANCE INC - CEU
CHINA RITAR POWER CORP - CRTP
CHINA SUNERGY CO LTD - CSUN
CHIPMOS TECH BERMUDA LTD - IMOS
CLARK HLDGS INC - GLA
Clearfield, Inc - CLFD
CLEVELAND BIOLABS INC - CBLI
COLONIAL FINL SVCS INC - COBK
Constar, Inc. - CNST
CONVERTED ORGANICS INC - COIN
Courier Corporation - CRRC
Crimson Exploration, Inc. - CXPO
CVD Equipment Corp. - CVV
Decorator Industries - DII
Deerfield Capital Corp - DFR
Destination Maternity Corp - DEST
DGSE Companies, Inc. - DGSE
DIANA SHIPPING INC - DSX
Dillard's - DDS
Ditech Networks - DITC
Document Security Systems Inc. - DMC
Dole Food Company, Inc. - DOLE
Dominion Resources Black Warrior Trust - DOM
DRI Corporation - TBUS
ECOTALITY INC - ECTY
eDiets.com, Inc. - DIET
Electro-Sensors - ELSE
Emerson Radio - MSN
Empire Resorts - NYNY
Emrise Corporation - ERI
Energy Inc. - EGAS
Equal Energy Ltd. - EQU
Escalon Medical - ESMC
EUROSEAS LTD - ESEA
Exceed Company Ltd - EDS
Express-1 Expedited Solutions, Inc. - XPO
FIELDPOINT PETROLEUM CORP - FPP
First Federal Bancshares Arkansas - FFBH
Foot Locker, Inc. - FL
FORTUNE INDUSTRIES INC - FFI
FPB BANCORP INC - FPBI
FRONTEER GOLD INC - FRG
GEOGLOBAL RESOURCES INC - GGR
GEOPETRO RESOURCES CO - GPR
GigaMedia Limited - GIGM
Global Options - GLOI
GLOBAL POWER EQUIPMENT GRP INC - GLPW
GRAVITY CO LTD - GRVY
Great Basin Gold - GBG
GREENHUNTER ENERGY INC - GRH
GUSHAN ENVIRONMENTAL ENRGY LTD - GU
Gymboree - GYMB
HALLADOR ENERGY COMPANY - HNRG
Harbinger Group Inc. - HRG
Hastings Entertainment - HAST
HERITAGE FINL GROUP - HBOS
Heska Corporation - HSKA
InfoSonics Corporation - IFON
Innotrac - INOC
Inovio Pharmaceuticals, Inc. - INO
Integra Bank Corporation - IBNK
Intergroup - INTG
Interoil Corp. - IOC
INTERSECTIONS INC - INTXI
Jinpan - JST
Johnson Outdoors Inc. - JOUT
KANDI TECHNOLOGIES CORP - KNDI
La-Z-Boy Inc. - LZB
LAPORTE BANCORP INC - LPSB
Lifeway Foods - LWAY
Longtop Financial Technologies Limited - LFT
Lowe's Companies - LOW
Merriman Holdings, Inc - MERR
Met-Pro - MPR
Misonix - MSON
Mitsubishi UFJ Financial Group - MTU
MOLYCORP INC DELAWARE - MCP
MULTIBAND CORP - MBND
Napco Security Systems - NSSC
NATIONAL COAL CORP - NCOC
Navios Maritime Holdings - NM
NETLIST INC - NLST
Neuralstem, Inc. - CUR
New Dragon Asia Corporation - NWD
New Oriental Energy & Chemical Corp. - NOEC
Nordstrom - JWN
Ohio Legacy Corp - OLCB
ON TRACK INNOVATION LTD - OTIV
Palatin Technologies - PTN
PARAGON SHIPPING INC - PRGN
PARAMOUNT GOLD & SILVER CORP - PZG
Patterson Dental - PDCO
Perfect World - PWRD
PFSweb, Inc. - PFSW
Photomedex, Inc. - PHMD
Pressure BioSciences - PBIO
Private Media Group Incorporated - PRVT
PYRAMID OIL CO - PDO
RegeneRx Biopharmaceuticals, Inc. - RGN
RESOLUTE ENERGY CORP - REN
RETRACTABLE TECHNOLOGIES INC - RVP
REXAHN PHARMACEUTICALS INC - RNN
RODMAN & RENSHAW CAP GP INC - RODM
ROMA FINANCIAL CORP - ROMA
RURBAN FINL CORP - RBNF
SCOLR PHARMA INC - DDD
Senesco Technologies Inc. - SNT
SeraCare Life Sciences, Inc. - SRLS
Siebert Financial - SIEB
SINOVAC BIOTECH LTD - SVA
SKYSTAR BIO-PHARMA CO - SKBI
SMARTHEAT INC - HEAT
SORL AUTO PTS INC - SORL
Spreadtrum Communications - SPRD
Sycamore Networks - SCMR
TeamStaff, Inc. - TSTF
TERRA NOVA RTY CORP - TTT
TFS FINANCIAL CORPORATION - TFSL
TIB Financial - TIBB
Tii Network Technologies, Inc. - TIII
Todd Shipyards - TOD
Trans-Lux - TLX
TransDigm Group Incorporated - TDG
TRI-TECH HOLDING INC - TRIT
Trina Solar Limited - TSL
TrioTech - TRT
Tufco Technologies - TFCO
ULURU Inc. - ULU
Unico - UNAM
Urban Outfitters - URBN
ValueVision - VVTV
Wireless Telecomm - WTT
World Heart - WHRT
WUHAN GENERAL GRP CHINA INC - WUHN
XENITH BANKSHARES INC - XBKS
YONGYE BIOTECHNOLOGY INTL INC - YONG
Zanett, Inc. - ZANE
Zoom Technologies Inc. - ZOOM
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
