Momentum Stocks For Next Week
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Motorola Mobility Holdings Inc (NYSE:MMI) has printed a bullish engulfing candlestick pattern on Friday. May be this is the right time to see a more significant rebound. Volume starts to pick up. Could make a huge move to the upside. Looks like we might bounce back into the $25 and have to see from there.
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HealthSpring, Inc (NYSE:HS) - Looking for a move above $47.78 for the next leg higher. However a consolidation is also likely and I would be a buyer so long as no heavy selling volume appears. Uptrend firmly and healthy.
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Elan Corporation, plc (NYSE:ELN) - After a long rally that brought prices from the December low of $5.59 to Friday highs of $11.94, the stock has gained nearly 110 percent. Can we open long positions now ? Aggressive traders may open long positions and I really like the chart but at this level I would wait for a pull back before putting any cash to work. On the technical side, the stock is very overbought on RSI and stretched. Generally this will pose a good selling opportunity but since the stock has broken the trend up the chance for a major correction due to high RSI is very little as the stock will find support at the trend broken.
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Shares of Entegris, Inc. (NASDAQ:ENTG) broke to a new 52 week high on Friday. The volume was what you want to see when a stock breaks resistance. Let 7-day EMA ( white line ) be your guide.
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Chipotle Mexican Grill, Inc. (NYSE:CMG) is probably one of the best acting stocks in the momentum. She's extended but no one seems to care. Stock is in a tremendous Bullish moment, with all indicators showing strength to move up, its 50 day and 200 day moving average still going up, while MACD is above "0" and RSI in Bullish territory. This stock is one of the best performances of 20011. I would wait for a little consolidation before jumping in, but it looks like CMG is a stock to keep an eye on for awhile. So, I'll be watching her carefully for any possible opportunities.
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Other stocks to watch :
FormFactor, Inc. (NASDAQ:FORM) - The fundamental soundness of FORM is great, and sooner or later that will get rewarded in the stock price. Options traders are buying calls.
Cell Therapeutics, Inc. (NASDAQ:CTIC) is showing very bearish behavior.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) still sitting on its 50 sma. This looks strong to me, however you have to keep in mind that this is pharm and thus speculative.
Sirius XM Radio Inc. (NASDAQ:SIRI) - Having failed to pass the 2.25 resistance, the stock looks as if it will retrace and test its 50 sma again.
Eastman Kodak Company (NYSE:EK) - Might see some nice bounces from current level.
Unusual volume on Friday's trading session
SFIO - SMOKEFREE INNOTEC INC
NRTLQ - NORTEL NETWORKS CORPORATION
BBBB - BLACKBOARD INC
EK - EASTMAN KODAK CO
VTR - Ventas Inc
ELTP - Elite Pharmaceutical
TSTRQ - MOTIENT CORP
FRC - First Republic Bank
LYG - Lloyds Bankg Grp
NWBI - Northwest Bancorp
OSK - Oshkosh Corp
AGP - AMERIGROUP Corp
WTFS - Xinde Technology
CAAH - Sense Holdings Inc
DRI - DARDEN RESTAURANTS INC
CHBT - China-Biotics Inc
BLLN - Advanced Technology
DMAN - DemandTec Inc
New 52-week High stocks
V - VISA Inc
MPEL - Melco Crown Adr
DELL - Dell Inc
CSX - C S X CORP
UNH - UNITEDHEALTH GROUP INC
SBUX - Starbucks Corporation
MCD - MCDONALDS CORP
AXP - AMERICAN EXPRESS CO
DRI - DARDEN RESTAURANTS INC
ELN - ELAN CORP P L C
IBM - INTERNATIONAL BUSINESS
COH - Coach Inc
AMZN - Amazon.com, Inc.
ANH - Anworth Mortgage As
XLNX - Xilinx, Inc.
DTV - Directv A
ENTG - Entegris, Inc.
CAH - CARDINAL HEALTH INC
UNP - UNION PACIFIC CORP
MA - MASTERCARD INCORPORATION
CNP - CenterPoint Energy Inc
FAST - Fastenal Company
VHC - PASW Inc
NSC - NORFOLK SOUTHERN CORP
SODA - SodaStream International
CI - C I G N A CORP
MAT - Mattel Co
ABV - Companhia de Bebidas
AVGO - Avago Technologies
MMC - Marsh and Mclennan
BBBY - Bed Bath & Beyond Inc.
CVI - CVR Energy Inc
GR - BF GOODRICH CO
QCOR - Questcor Pharm
JVA - COFFEE HOLDING CO INC
CE - CELANESE CORPORATION
DISH - Dish Network A
BEE - STRATEGIC HOTEL CAP
SCI - SERVICE CORPORATION
LULU - lululemon athletical
TIF - TIFFANY AND CO
CROX - CROCS INC
HANS - Hansen Natural Corp
CTAS - Cintas Corporation
AGP - AMERIGROUP Corp
ORLY - O'Reilly Automotive
NWBI - Northwest Bancorp
D - DOMINION RESOURCES
SAPE - Sapient Corporation
FTNT - Fortinet Inc
GMCR - Green Mountain Coffee
AFFX - Affymetrix, Inc.
KSU - Kansas City Southern
ALKS - Alkermes, Inc.
SPG - SIMON PROPERTY GROUP
ST - Sensata Technologies
GLNG - GOLAR LNG LTD
BEN - FRANKLIN RESOURCES INC
TDC - Teradata Corp
IDX - MARKET VECTORS INDON
DLTR - Dollar Tree Inc
CMG - CHIPOTLE MEXICAN GROUP
R - Ryder System Inc
GRA - GRACE W R & CO NEW
MW - Men's Wearhouse Inc
WPI - WATSON PHARMACEUTICALS
WCG - WELLCARE HEALTH
BAS - BASIC ENERGY SERVICES
PCP - PRECISION CASTPARTS
MRX - MEDICIS PHARM CORP
VFC - V F CORP
BR - Broadridge Financial
ECL - ECOLAB INC
DPZ - DOMINO'S PIZZA INC
BEAV - BE Aerospace, Inc.
LLL - L3 Comm
SIAL - Sigma-Aldrich Corporation
SCSS - Select Comfort Corp
GWW - WW Grainger Inc
CACI - CACI INTL INC
ASCA - Ameristar Casinos
SNA - SNAP ON INC HOLDING CO
FOSL - Fossil, Inc.
LPSN - LivePerson, Inc.
ULTA - Ulta Salon Cosmetic
VSI - Vitamin Shoppe
COO - COOPER COS INC NEW
POL - PolyOne Corp
PODD - Insulet Corp
HXL - HEXCEL CORP
GTLS - CHART INDUSTRIES
CVLT - CommVault Systems Inc
TDG - Transdigm Group Inc
OKE - ONEOK INC
TUP - Tupperware Brands
PNRA - Panera Bread Company
SXCI - SXC Health Solutions
CPHD - CEPHEID
GLBC - GLOBAL CROSSING LTD
OCN - OCWEN FINANCIAL CORP
CLUB - Town Sports International
GIB - CGI GROUP INC
PNR - PENTAIR INC
HRC - Hil-Rom Holdings
GNC - Gnc Holdings
SIVB - SVB Financial
RBN - ROBBINS & MYERS INC
CNI - CANADIAN NATL RAIL CO
AVA - AVISTA CORP
VOLC - VOLCANO CORPORATION
CLB - CORE LABORATORIES N V
END - Endeavor Intl
CSH - CASH AMERICA INTL INC
BECN - BEACON ROOFING SUPP
BRY - BERRY PETROLEUM CO
AIT - APPLIED INDL TECH INC
ICLK - Customer Acquisition
CHT - CHUNGHWA TELCOMM
TW - WATSON WYATT WLD
CPRT - Copart, Inc.
ELGX - Endologix Inc
CCOI - Cogent Communication
HI - Hillenbrand Inc
RADS - Radiant Systems, Inc.
FUL - HB Fuller Co
ORIT - Oritani Financl
TRS - Trimas Corp
RDK - RUDDICK CORP
GLT - PH GLATFELTER CO
DK - DELEK US HOLDINGS INC
BF.B - Brown-Foreman Class B
EE - El Paso Electric Co
SLH - Solera Holdings Inc
OMG - O M GROUP INC
CLC - CLARCOR 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
