Top 3 Setups for Wednesday
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XenoPort, Inc. (NASDAQ:XNPT) The stock has started a steady stream of news and volume that seems to be bringing new investors to the market. Based on technical reasons, there is a near term to midterm opportunity for shares of XNPT to rebound to higher levels. Go long at any close above the $7.73 area. Shareholders may remain invested with a stop-loss at $6.99. The technical daily chart above shows the momentum indicators have turned up and the RSI is on the rise.
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Caribou Coffee Company, Inc. (NASDAQ:CBOU) closed at $15.50 back once again above its 20-day moving average, which closed at $14.84. Lots of room to the upside if it can follow through on Tuesday’s move.
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Nice spike up on strong volume. Could play Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) here for a move above $104. MACD is positive and above the signal line. RSI is moving up and above its 50% level.
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Other stocks to watch :
New 52-week high stocks
KO - COCA COLA CO
MCD - MCDONALDS CORP
NGD - DRC RESOURCES CP
DG - Dollar General Corp
KMB - KIMBERLY CLARK CORP
CVI - CVR Energy Inc
PAET - US LEC Corp.
CF - CF INDUSTRIES HOLDINGS
DLTR - Dollar Tree Inc
CL - COLGATE-PALMOLIVE C
ARCO - ARCOS DORADOS HOLDINGS
NUS - Nu Skin Enterprises
RIC - Richmont Mines Inc
WCN - Waste Connections Inc
PRGO - Perrigo Company
AN - AUTONATION INC
HANS - Hansen Natural Corp
JCOM - JFAX.Com Inc.
RGLD - Royal Gold, Inc.
OCN - OCWEN FINANCIAL CORP
PSA - PUBLIC STORAGE INC
ELGX - Endologix Inc
MCD - MCDONALDS CORP
NGD - DRC RESOURCES CP
DG - Dollar General Corp
KMB - KIMBERLY CLARK CORP
CVI - CVR Energy Inc
PAET - US LEC Corp.
CF - CF INDUSTRIES HOLDINGS
DLTR - Dollar Tree Inc
CL - COLGATE-PALMOLIVE C
ARCO - ARCOS DORADOS HOLDINGS
NUS - Nu Skin Enterprises
RIC - Richmont Mines Inc
WCN - Waste Connections Inc
PRGO - Perrigo Company
AN - AUTONATION INC
HANS - Hansen Natural Corp
JCOM - JFAX.Com Inc.
RGLD - Royal Gold, Inc.
OCN - OCWEN FINANCIAL CORP
PSA - PUBLIC STORAGE INC
ELGX - Endologix 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
