Stock Picks for Friday 16 September
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I have been following RF Micro Devices, Inc. (NASDAQ:RFMD) for while and over the last weeks I never seen so many buyers purchasing the stock. The volume over the recent days has dramatically increased. The technical indicator OBV shows exactly this situation. Stochastics and the RSI are overbought but remain bullish signaling. I suspect the stock may continue to appreciate over the coming days.
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Rediff.com India Limited (ADR) (NASDAQ:REDF) - Waiting to buy when the stock closes above its 50 day moving average located at $9.44. Until then, I remain on the sidelines.
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Midway Gold Corp.(AMEX:MDW) - Solid breakout with volume expansion. I am looking for a continuation move on Friday.
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The change in the market situation is calling for a reversal from a short position to a long position on shares THQ Inc. (NASDAQ:THQI). The MACD-histogram are now sloping up On the daily time frame the daily MACD-histogram has been sloping up indicating that the bears are losing momentum. The RSI is also sloping up and near the equilibrium line. The stochastic is rising and also is approaching the equilibrium line.
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We are on the verge of a possible breakout in the shares of Novatel Wireless, Inc. (NASDAQ:NVTL) .The technical chart shows that the MACD-histogram has been sloping up and the 13 day SMA has just ticked up to give a buy signal on the Impulse System. In addition, the daily slow stochastics and RSI are both rising indicating bullishness. Plus, the weekly MACD-histogram has ticked up and the weekly stochastics is oversold. A move above $3.55 could spark a nice short-squeeze.
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Other stocks to watch :
New 52-week high stocks
SO - SOUTHERN CO
ORIT - Oritani Financl
NI - NISOURCE INC
WFM - Whole Foods Market
ALXN - Alexion Pharmaceutical
WPRT - Westport Innovations
MA - MASTERCARD INCORPORATION
DG - Dollar General Corp
CL - COLGATE-PALMOLIVE C
DLTR - Dollar Tree Inc
MRGE - Merge Health Inc
RL - Ralph Lauren Corp
ELGX - Endologix Inc
CHU - CHINA UNICOM LTD
PGN - Progress Energy Inc
STAA - STAAR Surgical Company
DLLR - DFC Global Corp
CSH - CASH AMERICA INTL INC
GWW - WW Grainger Inc
VGR - Vector Group Ltd
ORLY - O'Reilly Automotive
MLNX - MELLANOX TECHNOLOGIE
AKRX - Akorn, Inc.
FCFS - First Cash Financial
ELS - MANUFACTURERS HOME
CNU - Continucare Corp
AZO - AUTOZONE INC NEVADA
New 52-week Low stocks
UBS - UBS AG
ESRX - Express Scripts, Inc.
NG - NOVAGOLD RESOURCES INC
PWRD - Perfect World Co Ltd
CISG - CNinsure Inc
VECO - Veeco Instruments Inc.
MHS - MEDCO HEALTH SOLUTIONS
AIXG - Aixtron Se Adr
KB - KB Financial Group Inc
GRFS - Grifols SA
MACD Bullish Cross
GLW - CORNING INC
LVLT - Level 3 Communications
PEP - PEPSICO INC
T - AT&T Inc
CIM - Chimera Investment
DB - DEUTSCHE BANK AG
PBR - PETROLEO BRASILEIRO SA
VZ - Verizon Comm
GS - GOLDMAN SACHS GROUP
IBM - INTERNATIONAL BUSINESS
HRB - BLOCK H & R INC
CS - CREDIT SUISSE GROUP
GCI - GANNETT CO INC
MFC - MANULIFE FINANCIAL
TJX - TJX COMPANIES INC
HBC - HSBC Holdings PLC
EXC - EXELON CORPORATION
KIM - KIMCO REALTY CORP MD
SAP - Sap Ag
WCRX - Wrner Chil Plc
MTL - MECHEL OAO
CNQ - Canadian Natural Resources
NCT - Newcastle Investment
NVS - NOVARTIS A G
ELN - ELAN CORP P L C
QGEN - Qiagen N.V.
CROX - CROCS INC
D - DOMINION RESOURCES
SLE - SARA LEE CORP
ARCC - ARES CAPITAL CP
SI - SIEMENS A G ADR
VTR - Ventas Inc
RHI - ROBERT HALF INTL INC
BPO - Brookfld Office
AEE - AMEREN CORP
PHG - Koninklijke Philips
WHR - WHIRLPOOL CORP
BIG - Big Lots Inc
CNI - CANADIAN NATL RAIL CO
VELA - Mortlock Ventures Inc
QLIK - Qlik Technologies Inc
LXK - Lexmark International
CNC - Centene Corporation
DOV - DOVER CORP
PKI - PERKINELMER INC
AWK - American Water Work
BLK - BLACKROCK
LGCUF - Luna Gold Corp
WR - WESTERN RESOURCES INC
DOLE - Dole Food Co
BXP - BOSTON PROPERTIES INC
CYT - CYTEC INDS 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.
Thanks for visiting AC Investor Blog.
AC
