Friday's Stocks to Watch, May 27
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TEKELEC (NASDAQ:TKLC) displayed some impressive relative strength with a 5.58% gain. Today TKLC broke out of its bull flag suggesting a further move to the upside and continuation of this bullish trend. The technical indicators are looking better now for the stock. The stock has just entered into a short-term bull market as the stock is on top of 20 day and 50 day moving averages. Other technical indicator such as MACD, is above 0 showing positive momentum while KD line also show buy signal as %K line is top of %D line. In addition, On Balance Volume is increasing, indicating accumulation of shares in the market. Technically speaking the stock is now painting a short-term “Bullish” picture. Consistent move above $9.07 ( horizontal resistance line ) could be a beginning of a new technical bullish reversal at least testing 10.63/11.20 area.
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FormFactor, Inc. (NASDAQ:FORM) has been beaten down since last month, but at this moment it seems pretty clear that buyers have been waiting in the 9-9.20 range. It looks like it is starting to turn back up and indicators are giving the first bullish signs. The Stochastic Oscillator is registering a bullish signal as the %K has crossed above the %D and the RSI is rising slowly but hasn’t reached the 50% level. The stock needs to close above $9.94 on a daily basis in order to mitigate the negative near term view. The stock has the following important levels. Resistance at $9.62 and support at $9.24.
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I continue to watch $6.12 for A123 Systems, Inc. (NASDAQ:AONE), if it can break up through there, its worth it for me to buy for a trade. This is a price to keep an eye on in the future. On the downside, there continues to be solid support around $5.50. Pullbacks below this level should be bought with a tight stop at $5.29. Short-term technical indicators are improving and MACD histogram bars are slowly picking up while RSI is neutral at 50. Keep an eye on it.
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salesforce.com, inc. (NYSE:CRM) broke out to a new all-time high today, accompanied by a good volume suggesting higher levels.The stock has been in a nice uptrend for the last two weeks and it looks very strong with both 50 day and 200 day moving average going up while %K line is on top of %D line. CRM is now on the overbought level, so this means a possible correction is near. Watchout for support at 150.58, as long as the stock does not go below this level on its correction phase, we are still safe. CRM is a stock to keep an eye on for awhile.
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Other stocks to watch :
Earnings Announcements for Friday
Cycle Country Accessories Corp - ATC
Eastern Light Capital Inc - ELC
Graham Corp - GHM
Greenhunter Energy Inc - GRH
Hearusa Inc - EAR
Mecox Lane Ltd - MCOX
Mentor Graphics Corp - MENT
Orchid Cellmark Inc - ORCH
Quanex Building Products Corp - NX
Versant Corp - VSNT
Wayne Savings Bancshares Inc - WAYN
WSP Holdings Ltd - WH
Zanett Inc - ZANE
The following list show stocks whose OBV reached a new 1 month high
S - Sprint Corp
EP - EL PASO CORP
MPEL - Melco Crown Adr
GLUU - Glu Mobile Inc
GEN - Rri Energy Inc
ELN - ELAN CORP P L C
BBT - BB&T CORPORATION
TOL - TOLL BROTHERS INC
MCD - MCDONALDS CORP
KGC - KINROSS GOLD CORP
ZLC - Zale Corp
TSLA - Tesla Motors Inc
VVUS - Vivus, Inc.
HDY - Hyperdynamics Corp
HERO - HERCULES OFFSHORE
GMCR - Green Mountain Coffee
CIGX - Star Scientific, Inc.
MAR - MARRIOTT INTL INC NEW
QTWW - Quantum Fuel Systems
ACN - Accenture Plc
RVI - VALUE CITY DEPT STORES
COG - CABOT OIL & GAS CORP
FRX - FOREST LABORATORIES
NSM - NATIONAL SEMICONDUCTOR
CRI - CARTERS INC
RIG - Transocean Ltd
NVS - NOVARTIS A G
BEXP - Brigham Exploration Co
TCK - Teck Recs
IAG - IAMGOLD CP
MAT - Mattel Co
BPI - Bridgepoint Education
RPTP - Axonyx, Inc.
VMW - VMWARE INC CLASS
LTXC - LTX Corporation
SDRL - SEADRILL LTD
BMRN - BioMarin Pharmaceutical
MMR - MCMORAN EXPLORATION CO 1
NR - NEWPARK RESOURCES INC
ACOR - ACORDA THERAPEUTICS
PAYX - Paychex, Inc.
AEE - AMEREN CORP
DUSA - DUSA Pharmaceuticals
GLNG - GOLAR LNG LTD
MYGN - Myriad Genetics, Inc.
DY - DYCOM INDUSTRIES INC
EQT - EQT Corporation
POL - PolyOne Corp
MAKO - MAKO SURGICAL CORP
PNK - PINNACLE ENTERTAINMENT 1
HLF - HERBALIFE LTD
HANS - Hansen Natural Corp
GLBC - GLOBAL CROSSING LTD
PDS - Precision Drilling
PAET - US LEC Corp.
TAM - TAM S.A.
LAZ - LAZARD LTD
EGHT - 8X8 Inc
BBG - Bill Barrett Corp
TWER - Towerstream Corp
DSCI - Derma Sciences Inc
VOLC - VOLCANO CORPORATION
RYAAY - Ryanair Holdings plc
VRUS - Pharmasset Inc
ERF - Enerplus Corp
PVA - PENN VIRGINIA CORP
DSX - DIANA SHIPPING INC
FLO - FLOWERS INDUSTRIES INC
PSSI - PSS World Medical Inc
ELOS - SYNERON MEDICAL LTD
NUVA - NUVASIVE INC
BIOS - MIM Corporation
TSCO - Tractor Supply Company
ABVT - ABOVENET INC
CLB - CORE LABORATORIES N V
FURX - Furiex Pharmaceutical
CEVA - ParthusCeva Inc
MDCO - Medicines Company
RGLD - Royal Gold, Inc.
IPAR - Inter Parfums, Inc.
HEI - HEICO CORP
AVEO - AVEO Pharmaceutical
NTLS - NTELOS HOLDINGS CORP
MED - Medifast Inc
KEX - KIRBY CORP
ABMD - ABIOMED, Inc.
Unusual volume in today's trading session
AIG - AMERICAN INTERNATIONAL
ARNA - Arena Pharmaceutical
VLCO - ValCom Inc
NTAP - NetApp Inc
DB - DEUTSCHE BANK AG
CSC - COMPUTER SCIENCES CORP
GLUU - Glu Mobile Inc
ABKFQ - AMBAC FINANCIAL GRP
MSLP - MUSCLE PHARM CORP
GES - GUESS INC
TIF - TIFFANY AND CO
CBST - Cubist Pharmaceutical
RIGL - Rigel Pharmaceutical
KKD - Krispy Kreme Doughn
FTWR - FiberTower Corp
CDTI - Clean Diesel Techno
MICC - Millicom International
RXII - RXi Pharmaceuticals
GLBC - GLOBAL CROSSING LTD
AKRX - Akorn, Inc.
HGG - HHGregg Inc
RL - POLO RALPH LAUREN CORP
VIT - Vanceinfo Technology
EBS - Emergent BioSolutions
EGHT - 8X8 Inc
DWA - DreamWorks Animation
BCSI - Blue Coat Systems Inc
SIG - Signet Jewelers
FDO - FAMILY DOLLAR STORES
SIGM - Sigma Designs, Inc.
MAKO - MAKO SURGICAL CORP
GNOM - Complete Genomics
PDOS - Platinum Studios Inc
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
Nice post
Posted by
ocean freight |
5:11 AM