Stock Trade Ideas for the Week of April 4
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Starting with Avalon Rare Metals (AMEX:AVL), on the daily charts, the present uptrend is getting confirmed as the days go on. Right now, I'm in a Long trade that I entered around $7.12. AVL has made an awesome move today breaking out of a consolidation area and resistance on heavy volume. The major trend is still bullish as we can see on the chart above. Technical chart shows bullish sign with %K line on top of %D line and MACD on top of signal line. Only a close below $8.27 reverses the current uptrend.
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AGCO Corporation (NYSE:AGCO) stock may be in a consolidation phase following a nice trend. Looks like it will move up again. The technical chart is still showing buy signal with stock trading above 50 day and 200 day moving averages, with MACD on top of 0. Keep an eye for a possible breakout over $56.
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Dover Corporation (NYSE:DOV) - The technical indicators are displaying good signs. Watching for a breakout soon.
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The earlier view that the stock would move to $2.53-$2.64 range is still valid. Banner Corporation (NASDAQ:BANR) is still confined to a narrow range. The stock in today's trading session declined initially and found support around $2.28 level. However, subsequently it recovered and rallied 5 per cent from the session’s low. The outlook for the stock appears positive. Only a close below $2.28 would negate the positive outlook. Now let me highlight a few key points on BANR's chart. The RSI is stable but MACD shows signs of a bullish crossover. The Money Flow Index has re-crossed its 50 line suggesting the bulls are looking to take a strong hold on this stock at these levels. With near-term resistance at 2.42 and $2.53, I think there is potential for near-term gain from its current price. Hold with a stop loss at $2.28.
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Other stocks to watch :
Unusual volume in today's trading session
PRPM - ProTek Capital, Inc.
NYX - NYSE EURONEXT INC
ALTO - Alto Group Holdings
MRES - Neuro Biotech Corp
XPRT - LECG CP
CTSO - MEDASORB TECHNOLOGIES
AONE - A123 Systems Inc
LOGI - Logitech Internatio
NDAQ - NASDAQ OMX Grp
SRX - SRA INTERNATIONAL INC
IRE - IRELAND GOVERNOR
AVL - Avalon Rare Metals Inc.
AVII - AVI BioPharma, Inc.
PCFG - Pacific Gold Corp.
FROI - Fero Industries Inc
HRZ - HORIZON LINES INC
GRNE - Green Endeavors, Ltd.
CLNY - Colony Financial Inc
TVCE - TVC Telecom
PSRU - PureSpectrum, Inc.
APP - American Apparel, Inc.
COIN - Converted Organics Inc
CLKZ - Clicker Inc
ECNG - Microfield Group
INHX - Inhibitex
BMOD - BIOMODA INC
LOGM - LogMein Inc
TECO - TECO Energy, Inc.
TAL - TAL INTERNATIONL GRP
HRRN - HE-5 Resources Corporation
KRA - Kraton Performance
BLGW - Bloggerwave Inc
FOGC - Fortune Oil & Gas, Inc.
RECN - Resources Connection
BLK - BLACKROCK INC
XRTX - XYRATEX LTD
AMIE - Ambasadors
TTRAF - Telestra Corp Ltd
MED - Medifast Inc
DMAN - DemandTec Inc
OPTR - Optimer Pharmaceutical
GPN - GLOBAL PAYMENTS INC
BANR - Banner Corp
POLJF - Polo Resources Ltd
ASTI - ASCENT SOLAR TECH
IPHI - Inphi Corp
TLSYY - TELSTRA CORP LTD
AVAV - AeroVironment Inc
WAHUQ - Washington Mutual Inc
CHOP - China Gerui Am
GTXO - GTX Corp
EXFO - Exfo
JADA - Jade Art Group Inc
GBDC - Golub Capital BDC Inc
SHASF - Kit Res Ltd
OMER - Omeros Corp
DCBR - DC Brands Internati
VASO - Vasomedical, Inc.
SCEI - Endo Networks Inc
NCMI - National CineMedia Inc
GGS - Global Geophysical
FMAR - Fst Mariner
RPT - RAMCO GERSHENSON PP
DYNT - Dynatronics Corporation
TNTTY - TNT POST GROUP
APPA - A P Pharma Inc
LUNA - Luna Innovations
AGRO - Adecoagro Sa
EFOI - Fiberstars, Inc.
New 52-week highs
ALU - ALCATEL
AA - ALCOA INC
SRX - SRA INTERNATIONAL INC
SD - Sandridge Energy Inc
HAL - HALLIBURTON CO HLDG CO
THC - TENET HEALTHCARE CORP
HERO - HERCULES OFFSHORE I
HK - Petrohawk Energy
KO - COCA COLA CO
VRX - Valeant Pharmaceutical
BIDU - Baidu Inc
CEPH - Cephalon, Inc.
DE - DEERE & CO
BHI - BAKER HUGHES INC
ICO - INTERNATIONAL COAL
IP - INTERNATIONAL PAPER CO
XL - Xl Group Plc
Earnings Announcements for Monday
A Schulman Inc - SHLM
Aerosonic Corp - AIM
Ambassadors International Inc - AMIE
B&H Ocean Carriers Ltd - BHO
Bassett Furniture Industries Inc - BSET
Birks and Mayors Inc - BMJ
Cache Inc - CACH
Chase Corp - CCF
Electro Rent Corp - ELRC
Greenhunter Energy Inc - GRH
Griffin Land & Nurseries Inc - GRIF
Hallwood Group Inc - HWG
Hearusa Inc - EAR
Jewett Cameron Trading Company Ltd - JCTCF
Kingstone Companies Inc - KINS
Mercantile Bancorp Inc - MBR
New Dragon Asia Corp - NWD
Pressure BioSciences Inc - PBIO
PriceSmart Inc - PSMT
Resolute Energy Corp - REN
Rosetta Genomics Ltd - ROSG
Schnitzer Steel Industries Inc - SCHN
Star Buffet Inc - STRZ
Streamline Health Solutions Inc - STRM
Team Inc - TISI
The First Bancshares Inc - FBMS
Westwood One Inc - WWON
WSP Holdings Ltd - WH
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.
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AC
