Five Trade Ideas for Tuesday, Sept 20

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Apple Inc. (NASDAQ:AAPL) traced out a nice setup and the upside breakout has a lot of power. Volume surged and this breakout looks like it is here to stay. There looks to be good upside in AAPL, so keep it on your radar the next few days.

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Zagg Inc (NASDAQ:ZAGG) looks like is testing the support level, but if it breaks through that level there could be a quick drop. This has been a strong stock and this could just be a buyable dip, but be careful because RSI and MACD look weak.

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Kona Grill, Inc. (NASDAQ:KONA) climbs in after-hours after the company raised Q3 guidance. Short-term levels to watch tomorrow $5.70 and then $6.25.

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Lululemon Athletica inc. (NASDAQ:LULU) showed buying strength all day on Monday. The stock is on the verge of breaking out and it could happen very soon. The volume dramatically increased as the stock ran to near the old highs, showing me there are buyers watching the stock. Once the stock breaks $64.49, jump in and watch LULU take off.

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Is tomorrow the day for Gulf Resources, Inc. (NASDAQ:GURE) ? Indicators are calling for a Powerful Breakout. The MACD just gave a crossover buy signal and the CMF is rising. This should be a good entry point to take a long position. I'll maintain long exposure so long as that stock stays above $2.06. GURE also has about 16.4% of its shares outstanding sold short, which will produce more buying pressure as shorts run to cover, if and when the stock can break above its 50 day located at $2.74. Keep the stock on your radar since it could make a solid move upwards.

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Other stocks to watch :

US Earnings Calendar for Tuesday, September 20

Adobe Systems Inc - ADBE
Analogic Corp - ALOG
Autozone Inc - AZO
Carnival Corp - CCL
China Metro-Rural Holdings Ltd - CNR
China Technology Development Group Corp - CTDC
Comtech Telecommunications Corp - CMTL
Conagra Foods Inc - CAG
Copart Inc - CPRT
EnviroStar Inc - EVI
Factset Research Systems Inc - FDS
General Finance Corp - GFN
Gentium SpA - GENT
Jefferies Group Inc - JEF
Magellan Petroleum Corp - MPET
Misonix Inc - MSON
Oracle Corp - ORCL
Pluristem Therapeutics Inc - PSTI
Qiao Xing Mobile Communication Co Ltd - QXM
Qiao Xing Universal Resources Inc - XING
Swift Transportation Co - SWFT
Versar Inc - VSR

New 52-week high stocks

AAPL - Apple Inc
GR - BF GOODRICH CO
RRC - Range Resources Corp
SBUX - Starbucks Corporation
AMZN - Amazon.com, Inc.
NEM - NEWMONT MINING CORP
OPTR - Optimer Pharmaceutics
WFM - Whole Foods Market
MAKO - MAKO SURGICAL CORP
KMB - KIMBERLY CLARK CORP
MHP - MCGRAW HILL COS INC
ATHN - athenahealth Inc
COST - Costco Wholesale Co
DLTR - Dollar Tree Inc
ULTA - Ulta Salon Cosmetics
AKRX - Akorn, Inc.
HANS - Hansen Natural Corp
RL - Ralph Lauren Corp
ALXN - Alexion Pharmaceutical
AEE - AMEREN CORP
DPZ - DOMINO'S PIZZA INC
WPRT - Westport Innovations
VRUS - Pharmasset Inc
STMP - Stamps.com Inc.
AZO - AUTOZONE INC NEVADA
RIC - Richmont Mines Inc
ELGX - Endologix Inc
CHD - CHURCH & DWIGHT CO INC
ACTG - Acacia Research Corp
PSMT - PriceSmart, Inc.
EVEP - EV Energy Partners LP

New 52-week Low stocks

NFLX - Netflix, Inc.
TQNT - TriQuint Semiconductor
TLM - TALISMAN ENERGY INC
PBR.A - PETROLEO BRASILEIRO
JKS - JINKOSOLAR HOLDINGS
TSL - Trina Solar Ltd
FSLR - First Solar Inc
CISG - CNinsure Inc
OPEN - Opentable Inc
PVA - PENN VIRGINIA CORP
MTL - MECHEL OAO
PWRD - Perfect World Co Ltd
HSP - HOSPIRA INC
WBMD - Webmd Health Crp

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.

As always, good luck !

Labels: AAPL, GURE, KONA, LULU, ZAGG