Stocks to watch on Wednesday
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I continue to watch Rare Element Res Ltd (AMEX:REE). The volume is still large so it could potentially break out again at any moment. Further rally could be seen to retest $17.89 medium-term resistance. As long as the stock stay above $14.96 area, the bullish scenario is still intact. Technical chart shows bullish sign with MACD above the signal line and RSI above its 50% level. Next targets for the stock are $16.10 and $17.10. Only a close below $14.70 reverses the current short-term uptrend.
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VMware, Inc. (NYSE:VMW) continues to hang in there after breaking up through $82.50 on Friday. Excellent strength relative to broad market. The stock has been strong buy volume the past two sessions. I would be a buyer of the stock if it breaks $87.82.
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Novatel Wireless, Inc. (NASDAQ:NVTL) - Steep downtrend and trying to bottom. Look for a move above $5.25 to get involved on long side. If not, stop out below $5. The volume has been very light but it is still a bearish signal.
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Rambus Inc. (NASDAQ:RMBS) continues to trade in a tight range between $19.29-$19.75. The near-term outlook would depend on the price movement in the next few days. A close above $19.75 would impart bullishness and would help the stock move to the $20-$20.62 band. A drop below $19.29 would have negative implications that would push the stock down to the $19.07-$18.82 range. Fresh exposures may be considered once the stock stabilises and gets into an upward trending mode.
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Other stocks to watch :
Unusual volume in today's trading session
AWYI - Ariel Way, Inc.
PPL - PPL CORPORATION
GSRE - Green Star Energies Inc.
BYOC - Reel Estate Services
ELTP - Elite Pharmaceutical
DDAIF - Daimler
INVE - Identive Group
CIE - Cobalt International
SIVC - S3 Investment Company, Inc.
EXTO - Exit Only Inc.
ORMT - Ormet Corporation
LEXG - LITHIUM EXPLORATION
TECO - TECO Energy, Inc.
VSHC - VisualMED Clinical Systems Corp.
KBLB - Kraig Biocraft Laboratories
DPBE - Deep Blue Marine, Inc.
EXTR - Extreme Networks, Inc
ADVR - Advanced Viral Research Corp.
SB - SAFE BULKERS INC
OPYGY - Open Joint Stock Company Polyus Gold
CXMSF - Cemex Sa Da Cv Cpo
SWDBY - Swedbank AB
FORC - Force Energy Corp
SNSR - GlobeTel Communication
ASYI - Wolf Resources Inc
TOPZ - Kid's Germ Defense
CPYE - Conspiracy Ent
MCRL - Micrel, Incorporated
KITD - ROO Group Inc
SETS - Sustainabl Envir
GIL - GILDAN ACTIVEWEAR INC
SKH - Skilled Healthcare
IDIX - Idenix Pharm
VOLVY - A B Volvo
PVSP - eLEC Communications
LFVN - Lifeline Therapeutics
TKPPY - TECHNIP
DSCO - Discovery Laboratories
ESYL - ALGODYNE ETHANOL ENE
EESV - Environmental Energy Services, Inc.
DRRX - Durect Corp
BASFY - Basf Se
TUWOY - Tullow Oil PLC
YNGFF - Yukon-Nevada Gold Corp
SNPY - Sino Payments Inc
SSEZY - Scottish and Southern Energy plc
CGV - CGG Veritas
TSTY - TASTY BAKING CO
XPL - SOLITARIO RESOURCES
JCOF - Javalution Coffee Company
FANUY - Fanuc Ltd
CGCO - Commerce Group Corp
OSTK - Overstock.com, Inc.
MITD - MIT Holding Inc
SYMD - Life Medical Sciences
GBTO - CARIBBEAN VILLA CATE
ISCO - International Stem
BERX - BERING EXPLORATION
PHUN - PETROHUNTER ENERGY
IGNT - Ingen Technologies, Inc.
ARWD - CNE Group Inc
MNDO - MIND C.T.I. Ltd.
CEMI - TRADING SOLUTIONS.C
SPMI - SPEEDEMISSIONS INC
WH - WSP Holdings Ltd
Earnings Announcements for Wednesday
ADTRAN Inc - ADTN
Ameris Bancorp - ABCB
Bank Of The Ozarks Inc - OZRK
Century BanCorp Inc - CNBKA
Citizens And Northern Corp - CZNC
Clark Holdings Inc - GLA
Commonwealth Bankshares Inc (Virginia) - CWBS
DGSE Companies Inc - DGSE
First Bancshares Inc - FBMS
First California Financial Group Inc - FCAL
Healthcare Services Group Inc - HCSG
Hooker Furniture Corp - HOFT
iGate Corp - IGTE
Jewett Cameron Trading Company Ltd - JCTCF
JPMorgan Chase & Co - JPM
Lakeland Bancorp Inc - LBAI
Lentuo International Inc - LAS
MFRI Inc - MFRI
Northern Technologies International Corp - NTIC
Pacific Continental Corp - PCBK
Reachlocal Inc - RLOC
Star Buffet Inc - STRZ
Stewardship Financial Corp - SSFN
Superior Bancorp - SUPR
Taylor Devices Inc - TAYD
Torch Energy Royalty Trust - TRU
Universal Forest Products Inc - UFPI
Vimicro International Corp - VIMC
Westwood One Inc - WWON
Winmark Corp - WINA
Zanett Inc - ZANE
New 52-week High stocks
PFE - PFIZER INC.
INVE - Identive Group
MO - ALTRIA GROUP
TIBX - TIBCO Software, Inc.
OCZ - OCZ Technology Group
BIIB - IDEC Pharmaceutical
GIL - GILDAN ACTIVEWEAR INC
SKH - Skilled Healthcare
PRGO - Perrigo Company
BAX - BAXTER INTERNATIONAL
QCOR - Questcor Pharm
MDVN - Orion Acquisition C
INCY - Incyte Genomics Inc
HSY - Hershey Corp
GNC - Gnc Holdings
MSG - Madison Square Gard
WRC - Warnaco Group Inc
SHPGY - Shire Plc Ads
NDN - 99 CENTS ONLY STORES
SJM - Smucker JM Co
RA - RailAmerica
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.
Thanks for visiting AC Investor Blog.
AC
