Some stock trading ideas for June 3rd
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Sky mobi Ltd (NASDAQ:MOBI) - Technically, there is no reason to take exposure in this stock as there is no evidence of the reversal of the ongoing downward move. However, if the support at $8 holds, a rally towards 9-9.48 could be seen. Only a close above $9.48 will confirm the short term low for the stock. For now, it would be better to stay away from this stock. Stop loss for long positions may be placed at $8.03.
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InterDigital, Inc. (NASDAQ:IDCC) - The near-term trend is bearish and the drop below $42 confirmed the weak outlook. $39.66 is a crucial level. Breakdown will result in a greater fall.
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TEKELEC (NASDAQ:TKLC) held the $8.61 support level ( 20-day moving average ) on two attempts to break below it this week. When a support level holds this many times, the stock will often reverse direction and try to move higher. The $8.61 level is now a key support level to watch. Most technical indicators still supporting the upward move. MACD is positive and above the signal line. RSI is also moving up and above its 50% level. So, keep TKLC on your radar!
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Motorola Mobility Holdings Inc (NYSE:MMI) - MMI has rebounded today ! The stock will now have resistance at the $25.43 level. MMI is a buy on dips below $24.
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Other stocks to watch :
Cell Therapeutics, Inc. (NASDAQ:CTICD) had another nice day but continue to trade very thinly. It's hard to trade CTICD when there isn't much volume. The stock has support located at $1.98 with resistance at $2.45.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) - I continue to watch Shares of Arena Pharmaceuticals, Inc. I would be a buyer below $1.35 or a break above $1.50. This stock can explode with any news.
Unusual volume in today's trading session
DTRO - Deltron Inc
BRCD - Brocade Communication
COCO - Corinthian Colleges
VTPI - Vital Products Inc
APOL - Apollo Group, Inc.
SNOFF - SINO FOREST CORP
SEE - SEALED AIR CORP NEW
GMR - GENERAL MARITIME CORP
AFFX - Affymetrix, Inc.
AMB - AMB Property Corp
GHLV - Global Health Venture
MVIS - Microvision, Inc
HIL - ARPEGGIO ACQUISITION
XIDE - EXIDE TECHNOLOGIES WI
TIVU - Tivus Inc
DG - Dollar General Corp
SRCO - Sparta Commcl Ser
CECO - Career Education Co
SUTNY - Sumitomo Mts Adr
CHRS - Charming Shoppes, Inc.
DV - DEVRY INC
OWW - Orbitz Worldwide Inc
TFM - The Fresh Market
VRA - Vera Bradley Inc
TBBC - The Brainy Brands C
BXS - BANCORPSOUTH INC
BPI - Bridgepoint Education
TLVT - TELVENT GIT SA ORD
LOPE - Grand Canyon Education
ELS - MANUFACTURERS HOME
CBEH - China Intgrt Enr
ZUMZ - ZUMIEZ INC
HYPMY - Hypermarcas SA
CYBX - Cyberonics, Inc.
STRA - Strayer Education
AVNW - Haris Stratex
WEST - Akeena Solar Inc
ENB - ENBRIDGE INC
COBI - Glass Wave Enterprise
NLS - Nautilus Inc
AEN - Pipex Pharmaceutical
CLNO - Cleantech Transit Inc
HNHI - H & H Imports Inc
CPRT - Copart, Inc.
TNTTY - Postnl Nv Adr
LINC - LINCOLN EDUCATIONAL
KOOL - THERMOGENESIS Corp.
BOCX - BIOCUREX INC
AVSC - Advanced Visual System
CPLA - Capella Education Co
PCH - Potlatch Corp
CDIV - Cascadia Investments
NOAH - NOAH HOLDINGS LIMITED
EIHC - Xiom Corp
SGGH - FREMONT GENERAL CORP
CII - Blkrk Enhncd Cap
UVFT - UV Flu Technologies
DGW - Duoyuan ADR
GOJO - GraphOn Corporation
CMED - CHINA MEDICAL TECH
ADLR - Adolor Corp
PVHO - Provision Holding Inc
VMCS - VISUALMED CLINICAL
DIRI - Direct Insite Corp
HWIC - IVT Software Inc
MNGA - MagneGas Corp
STHKQ - Startech Environment
HRID - Hybrid Fuels Inc
ENMD - EntreMed
The following list show stocks whose MFl (15) has been increasing over the last 2 sessions
MSFT - Microsoft Corporation
C - CITIGROUP INC
BSX - BOSTON SCIENTIFIC CORP
MPEL - Melco Crown Adr
LVS - LAS VEGAS SANDS CP
TSM - TAIWAN SEMICONDUCTOR
ATVI - Activision, Inc.
AMD - ADVANCED MICRO DVCS
MEE - Massey Energy Co
DHI - Horton DR Inc
TLVT - TELVENT GIT SA ORD
VIA.B - Viacom Inc Class
PM - Philip Morris International
SINA - sina.com
VMW - VMWARE INC CLASS A
GNW - GENWORTH FINCL INC
SLE - SARA LEE CORP
CNP - CenterPoint Energy Inc
PKD - PARKER DRILLING CO
CCE - Coca Cola Ent
UBS - UBS AG
ZAGG - Zagg Incorporated
APOL - Apollo Group, Inc.
HRB - BLOCK H & R INC
TSN - TYSON FOODS INC CL A
LRCX - Lam Research Corporation
NVLS - Novellus Systems, Inc.
MHS - MEDCO HEALTH SOLUTIONS
CAG - CONAGRA INC
HTZ - Hertz Global Holdings
JCI - JOHNSON CONTROLS INC
DYN - Dynegy Delaware Inc
PDLI - PDL BioPharma
VHC - PASW Inc.
MAT - Mattel Co
GLUU - Glu Mobile Inc
GAME - SHANDA GAMES LTD
SIFY - Sify Tech Lt
KND - Kindred Healthcare
NETL - Netlogic Microsystem
REDF - Rediff Com
LWSN - Lawson Software, Inc.
LNT - Alliant Energy Corp
VRSK - Verisk Analytics
HMY - HARMONY GOLD MINING
OPTR - Optimer Pharmaceutical
AMLN - Amylin Pharmaceutical
TSL - Trina Solar Ltd
AOL - AOL Inc
YOKU - Youku.com Inc.
PTIE - Pain Therapeutics
FRX - FOREST LABORATORIES
SWFT - Swift Transportational
SPPI - Spectrum Pharmaceutical
BRFS - Brf-Brasil Foods
PLAB - Photronics, Inc.
CNK - Cinemark Holdings Inc
LOGI - Logitech International
AGO - ASSURED GUARANTY LTD
FTNT - Fortinet Inc
ALXN - Alexion Pharmaceutical
SPWRA - SUNPOWER CORPORATION
VCLK - ValueClick, Inc.
IACI - IAC InterActiveCorp
LLNW - Limelight Networks Inc
MTW - MANITOWOC CO INC
BID - SOTHEBYS HOLDINGS INC
INFA - Informatica Corp
GLNG - GOLAR LNG LTD
JAZZ - Jazz Pharmaceutical
CZZ - Cosan Limited Cl A
ASX - Advanced Semiconductor
NXPI - NXP Semiconductors NV
GRMN - Garmin Ltd
CSA - COGDELL SPENCER INC
JNY - The Jones Group
ELS - MANUFACTURERS HOME
UA - UNDER ARMOUR INC
QLIK - Qlik Technologies Inc
DHX - Dice Holdings Inc
AKRX - Akorn, Inc.
HRL - HORMEL FOODS CORP
BGS - B&G Foods Inc
BMRN - BioMarin Pharmaceutical
AXS - AXIS CAPITAL HLDGS LTD
SFY - SWIFT ENERGY CO
DEPO - Depomed, Inc
VRML - Ciphergen Biosystem
VR - Validus Holdings Ltd
MELI - MercadoLibre Inc
DAKT - Daktronics, Inc.
MOTR - Motricity Inc
QPSA - QUEPASA CP
VDSI - VASCO Data Security
ETR - ENTERGY CORP HLDG CO
BPI - Bridgepoint Education
BEC - BECKMAN COULTER INC
MHLD - Maiden Hldgs Ltd
AYR - AIRCASTLE LIMITED
UGI - U G I CORP HLDG CO
ZRAN - Zoran Corporation
XTXI - CROSSTEX ENERGY INC
RYL - RYLAND GROUP INC
HANS - Hansen Natural Corp
TRE - TANZANIAN RY EXP
SJM - Smucker JM Co
VRGY - Verigy
GY - GENCORP INC
ITMN - InterMune Pharmaceutical
VRNT - Verint Systems Inc.
ANV - Allied Nevada Gold
RYN - RAYONIER INC
AAN - Aarons Inc
DUSA - DUSA Pharmaceuticals
TNK - Teekay Tankers Ltd
HSNI - HSN Inc
NDN - 99 CENTS ONLY STORES
MOBI - Sky-mobi
IPGP - IPG PHOTONICS CORP
HOGS - Strong Technical Inc
WBMD - Webmd Health Crp
CCOI - Cogent Communications
SLGN - Silgan Holdings, Inc.
NANO - Nanometrics Incorporation
TLLP - Tesoro Logistics
GNOM - Complete Genomics
LMNX - Luminex Corporation
IMN - IMATION CORP
SAFM - Sanderson Farms, Inc.
CALM - Cal-Maine Foods, Inc.
OTEX - Open Text Corporation
HNT - Health Net Inc
SF - STIFEL FINANCIAL CORP
TDG - Transdigm Group Inc
NXTM - NXSTAGE MEDICAL INC
RPTP - Axonyx, Inc.
IPI - Intrepid Potash Inc
CPTS - Conceptus, Inc.
RUE - Rue21 Inc 3
CHT - CHUNGHWA TELCOMM
GIB - CGI GROUP INC
MTRX - Matrix Service Company
VVI - VIAD CP
NEWP - Newport Corporation
PRGO - Perrigo Company
TK - Teekay Co
NAFC - Nash Finch Co
STRA - Strayer Education
WIT - Wipro Ltd
KOP - KOPPERS HOLDINGS INC
OPLK - Oplink Communications
SCMR - Sycamore Networks
SGI - RACKABLE SYSTEMS INC
AM - AMERICAN GREETINGS
DST - DST SYSTEMS INC
IT - GARTNER GROUP INC
TX - TERNIUM S.A.
SB - SAFE BULKERS INC
QNST - QuinStreet Corp
TYL - TYLER TECHNOLOGIES INC
ELMG - EMS Technologies
BLTI - BioLase Technology
CIB - BANCOLOMBIA S A
POWI - Power Integrations
GHL - GREENHILL & CO INC
BIN - Prgrsv Wste Soln
BLT - BLOUT INTERNATIONAL
CIS - Camelot Information
ORBK - Orbotech Ltd.
DRWI - Dragonwave Inc
VOCS - VOCUS INC
AMSG - Amsurg Corporation
SPEC - Spectrum Control, Inc.
AFCE - AFC Enterprises Inc
AVEO - AVEO Pharmaceutical
EPIQ - EPIQ Systems, 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.
Thanks for visiting AC Investor Blog.
AC
