Long Setups for Thursday
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Liquidity Services, Inc. (NASDAQ:LQDT) broke out above $33.32 on really good volume. All moving averages are below turning up for support. I like this for a swing trade !!
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Yahoo! Inc. (NASDAQ:YHOO) has pulled right back to support of the 20 day MA. I think this is a great risk/reward trade here. The stock has been showing signs of accumulation over past couple weeks.
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BioMimetic Therapeutics, Inc.(NASDAQ:BMTI) cheap bio low volume stock. The technical chart above shows very bullish sign as the stock is back on top of 20-day moving average with 20-day MA also on top of 50 day MA recently. In addition, %K line is still above %D line and MACD is back above 0 which show beginning of new bull market rally.
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Smart Balance, Inc. (NASDAQ:SMBL) continues to show strength as the rise in volume confirms the price uptick !
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Shares of Progress Energy, Inc. (NYSE:PGN) made a new 52 week high today closing at $51.52 on heavy volume. The stock hit a high of $52.29, which is now resistance for Thursday’s continuation move. If the stock can break through resistance, we should see another strong upside move. PGN will move very quickly, so watch the stock closely on Thursday.
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Other stocks to watch :
AEHR Test Systems - AEHR
Ameritrans Capital Corp - AMTC
AZZ Inc - AZZ
CalAmp Corp - CAMP
China Metro-Rural Holdings Ltd - CNR
China Natural Resources Inc - CHNR
China Precision Steel Inc - CPSL
DemandTec Inc - DMAN
Leading Brands Inc - LBIX
Marshall Edwards Inc - MSHL
Micron Technology Inc - MU
Qiao Xing Mobile Communication Co Ltd - QXM
Qiao Xing Universal Resources Inc - XING
Rosetta Genomics Ltd - ROSG
Swift Transportation Co - SWFT
Tel Instrument Electronics Corp - TIK
USA Technologies Inc - USAT
Worthington Industries Inc - WOR
Xyratex Ltd - XRTX
Unusual volume in today's trading session
BLOAQ - Blockbuster Inc
AVGO - Avago Technologies
ELTP - Elite Pharmaceutical
IFT - IMPERIAL HOLDINGS INC
IOC - Interoil Cp
AWYI - Ariel Way, Inc.
SKZW - SkinzWraps, Inc.
ALZM - Allezoe Medical Holdings
YNDX - Yandex NV
GRFS - Grifols SA
IJJP - IJJ Corporation
CFX - Colfax Corp
COBI - Glass Wave Enterprise
RLD - REALD INC
XUE - XUEDA EDUCATION GROUP
LTHU - Lithium Technology
TAKD - TransAKT Ltd.
MNDP - Mundus Group, Inc.
ALTI - Altair International
NSPH - Nanosphere Inc
RYMM - Centrus Ventures Inc
RBTI - Red Branch Technologies, Inc.
HII - Huntington Ingals
ADPT - Adpt Corp
SNX - SYNNEX CP
ZZ - SEALY CORPORATION
COSI - Cosi Inc
NGLPF - NEVADA GEOTHERMAL PW
YLWPF - Yellow Media Inc
SABA - Saba Software, Inc.
ALQA - Zeta Corp
CWBS - Commonwealth Banksh
RGNA - Ethos Environmental
CLNY - Colony Financial Inc
KKPNY - Royal KPN NV
WLBC - Wstrn Lbrty Bncp
WGBS - WaferGen Bio-system
AERG - U.S. Home & Garden
FHWY - Fitt Highway
New 52-week Low stocks
WAG - WALGREEN CO
ANR - ALPHA NATURAL RESOURCES
HL - HECLA MINING CO
NBR - Nabors Industries Inc
AKS - A K STEEL HOLDING CORP
DNDN - Dendreon Corporation
IOC - Interoil Cp
TSL - Trina Solar Ltd
AVP - AVON PRODUCTS INC
STJ - ST JUDE MEDICAL INC
OVTI - OmniVision Technologies
HUN - HUNTSMAN CORPORATION
CMC - COMMERCIAL METALS CO
SOHU - Sohu.com Inc.
RLD - REALD INC
FBR - Votorantim Adr
CBL - CBL and Associates
HMIN - Home Inns & Hotels
UMPQ - Umpqua Holdings Corporation
DO - DIAMOND OFFSHR DRLL
PRGS - Progress Software C
AMLN - Amylin Pharmaceutical
ACW - Accuride Corp
PNK - PINNACLE ENTERTAINMENT
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 !
AC
Labels: BMTI, LQDT, SMBL, YHOO
