Stock Watch List For Wednesday, Set 14
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Rambus Inc. (NASDAQ:RMBS) - Volume picking up but needs to break this trend first to me. From the technical chart KD line shows positive signals as %K line is rising on top over %D line, and RSI continue moving up. OBV is beginning to turn around which suggests the stock is no longer being sold off. Looks good but hold for a bit.
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Sodastream International Limited (NASDAQ:SODA) - The recent increase in trading volume and rising OBV suggests buyers are accumulating stock. A breakout above $45.20 would constitute a technical entry for the short term trader looking for a quick trade.
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The recent pull back on Tellabs, Inc. (NASDAQ:TLAB) created a great buying opportunity. The stock closed again above its 50 SMA and is registering a Bullish signal. The 13 day moving average is also showing a positive gradient and is rising since the late August. Let’s see whether the stock can gather enough momentum to break through $4.63. If the Bulls are able to push through this level, there will be a strong rally towards $5.
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Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) is finally starting to see some profit taking. I have been expecting a correction lower. Short term investors should hold ULTA with a stoploss of 68-68.7. New long positions should be taken cautiously.
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My new play is open. Last week I added Gulf Resources, Inc. (NASDAQ:GURE) to the play list with a trigger to go long at $2. The stock continued to rally and today it broke out past technical resistance at $2.25. The breakout from the resistance line is just a confirmation of the recent upward move. Volume on the session was good, which is a positive sign. The technical daily chart above shows the momentum indicators have turned up and the RSI is on the rise. Although both 50 day and 200 day moving average are showing weakness, KD line is indicating upward swing. For long term investor, this is good to keep him in a trade. Next resistance lies at $2.78.
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Other stocks to watch :
US Earnings Calendar for September for Wednesday
Amrep Corp - AXR
Apogee Enterprises Inc - APOG
Ascena Retail Group Inc - ASNA
Astrotech Corp - ASTC
CLARCOR Inc - CLC
Cubic Energy Inc - QBC
Freeseas Inc - FREE
National Technical Systems Inc - NTSC
Nevada Gold and Casinos Inc - UWN
Newlead Holdings Ltd - NEWL
Origin Agritech Ltd - SEED
Oxygen Biotherapeutics Inc - OXBT
Pall Corp - PLL
Paramount Gold And Silver Corp - PZG
Pro Dex Inc - PDEX
Searchmedia Holdings Ltd - IDI
Wpcs International Inc - WPCS
The following list show stocks whose OBV has been increasing over the last 3 sessions
MU - Micron Technology
SNDK - SanDisk Corporation
TIN - TEMPLE INLAND INC
ARR - Armour Resd Reit
OPK - eXegenics Inc.
CALP - Caliper Life Science
HRBN - HARBIN ELECTRIC INC
ULTA - Ulta Salon Cosmetic
TTWO - Take-Two Interactive
BBBB - BLACKBOARD INC
TSCO - Tractor Supply Company
DCM - NTT DoCoMo Inc
PSMT - PriceSmart, Inc.
PMC - Pharmerica Corp
RLJA - RLJ Acquisition Inc
HKAC - Hicks Acquisition C
SBX - Seabright Hld
JWCA - JWC Acquisition Corp
SWS - SOUTHWEST SECURITIES
MAPP - MAP Pharmaceuticals
GLF - Gulfmark Offshre
New 52-week high stocks
GMCR - Green Mountain Coffee
CALP - Caliper Life Science
WPRT - Westport Innovations
ULTA - Ulta Salon Cosmetic
ELGX - Endologix Inc
ATHN - athenahealth Inc
EM - Emdeon Inc
CNU - Continucare Corp
PGN - Progress Energy Inc
AZO - AUTOZONE INC NEVADA
PSMT - PriceSmart, Inc.
CPA - COPA HOLDINGS S A
New 52-week Low stocks
TTFNF - Total SA
SVM - Silvercorp Metal
BBY - BEST BUY CO INC
WCRX - Wrner Chil Plc A
TTM - TATA MOTORS LTD ADS
HSP - HOSPIRA INC
SPWRA - SUNPOWER CORPORATION
QGEN - Qiagen N.V.
CYT - CYTEC INDS INC
CODE - Spansion Inc
PII - POLARIS INDS INC
ABD - ACCO BRANDS CORP
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
Labels: GURE, RMBS, TLAB, ULTA
