5 Long setups to watch on Thursday
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ExlService Holdings, Inc. (NASDAQ:EXLS) recorded a new high in the last trading session. Short-term outlook for the stock is bullish. Buy the stock in dips with a stop-loss at $23.61. The technical daily chart looks Bullish with both 20, 50 and 200 daily moving averages going up and MACD on top of 0, RSI in a Bullish area too.
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Tellabs, Inc. (NASDAQ:TLAB) - Looking at the technical chart there are several indications I see which suggest a near-term bottom, including large positive divergences on MACD in daily. If the potential buy signal confirms itself, we will be looking for a move to the resistance area at $4.60-4.7, at the very least. Until that happens, traders will want to be on high-alert to the possibility of a bullish reversal. Keep TLAB on your screen for Thursday’s trading session.
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IMAX Corporation (NYSE:IMAX) - Back to test Horizontal Resistance line at $18.40. A close above this level on heavy volume will launch a rally. 50 SMA target trade.
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Novatel Wireless, Inc. (NASDAQ:NVTL) - Technical Indicator MACD is showing a good room for further appreciation while Chaikin Money flow indicator is exhibiting that accumulation and money flow is increasing in this stock on daily basis. Some indicators are improving but it needs to breakout above the $3.66 resistance to confirm the change in trend.
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THQ Inc.(NASDAQ:THQI) - On the short-term, Chaikin Money Flow indicator is showing a strong rising movement, which is an initial sign of strength. The stock closed below highs, but could make another move tomorrow. Wednesday’s high reflects resistance for this next upside move. If the stock can break through resistance, we should see a strong upside move as traders buy up the stock. My model is long, targeting 2.25 area.
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Other stocks to watch :
US Earnings Calendar for Thursday
ABM Industries Inc - ABM
American Learning Corp - ALRN
Casey's General Stores Inc - CASY
Cherokee Inc - CHKE
China Natural Resources Inc - CHNR
Chinaedu Corp - CEDU
Continucare Corp - CNU
Ditech Networks Inc - DITC
Gentium SpA - GENT
Globecomm Systems Inc - GCOM
Greenhunter Energy Inc - GRH
Isoray Inc - ISR
Korn Ferry International - KFY
Lakeland Industries Inc - LAKE
LightPath Technologies - LPTH
Myrexis Inc - MYRX
National Semiconductor Corp - NSM
Overland Storage Inc - OVRL
Perfumania Holdings Inc - PERF
Qiao Xing Mobile Communication Co Ltd - QXM
Rosetta Genomics Ltd - ROSG
Searchmedia Holdings Ltd - IDI
Smithfield Foods Inc - SFD
Titan Machinery Inc - TITN
TRC Companies Inc - TRR
Ulta Salon Cosmetics and Fragrance Inc - ULTA
United Natural Foods Inc - UNFI
Verint Systems Inc - VRNT
ZBB Energy Corp - ZBB
The following list show stocks whose MFl (15) has been increasing over the last 2 days
AUY - YAMANA GOLD INC
KGC - KINROSS GOLD CORP
ABX - BARRICK GOLD CORP
NEM - NEWMONT MINING CORP
HL - HECLA MINING CO
GG - GOLDCORP INC
NGD - DRC RESOURCES CP
EGO - ELDORADO GOLD CP
NG - NOVAGOLD RESOURCES INC
DYN - Dynegy Delaware Inc
GME - GAMESTOP CP
HMY - HARMONY GOLD MINING
AUQ - GAMMON GOLD
TTM - TATA MOTORS LTD ADS
AEM - AGNICO EAGLE MINES LTD
JAG - JAGUAR MINING INC
CDE - COEUR D ALENE MINES
XRA - EXETER RESOURCE CORP
REGN - Regeneron Pharmaceutical
GOLD - RANDGOLD RESOURCES
UTHR - United Therapeutics
ORLY - O'Reilly Automotive
RGLD - Royal Gold, Inc.
MFN - Minefinders Corporation
DV - DEVRY INC
OPEN - Opentable Inc
MITK - Mitek Systems, Inc.
WINN - WINN-DIXIE STORES
VSEA - Varian Semiconductor
AZK - AURIZON MINES LTD
XTXI - CROSSTEX ENERGY INC
KMI - Kinder Morgan Inc
LQDT - LIQUIDITY SERVICES
EDMC - Education Management
MDVN - Orion Acquisition C.
JVA - COFFEE HOLDING CO
YONG - Golden Tan Inc
DROOY - DRDGOLD ADS
FXEN - FX Energy, Inc.
PRMW - Primo Water Corp
HOGS - Strong Technical Inc
GPI - GROUP I AUTOMOTIVE INC
IPSU - Imperial Sugar Co
KGN - Keegan Resources Inc
EIG - Employers Holdings Inc
OFG - ORIENTAL FNCL GROUP
AMRC - Ameresco Inc
STRA - Strayer Education
CMED - CHINA MEDICAL TECH
SNP - China Petroleum
XG - Extorre Gold Min
CFSG - UNIPRO FINL SVCS INC
CTCT - Constant Contact Inc
New 52-week high stocks
CL - COLGATE-PALMOLIVE
PAET - US LEC Corp.
ALXN - Alexion Pharmaceutical
DG - Dollar General Corp
ORLY - O'Reilly Automotive
AKRX - Akorn, Inc.
JAZZ - Jazz Pharmaceutical
MITK - Mitek Systems, Inc.
MAKO - MAKO SURGICAL CORP
VRUS - Pharmasset Inc
LQDT - LIQUIDITY SERVICES
FCFS - First Cash Financial
AZO - AUTOZONE INC NEVADA
NSTC - NESS TECHNOLOGIES INC
New 52-week Low stocks
URBN - Urban Outfitters, Inc.
TSL - Trina Solar Ltd
YGE - Yingli Green Energy
VDSI - VASCO Data Security
JKS - JINKOSOLAR HOLDINGS.
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
