The Stocks to Watch Next Week
I believe that Yahoo! Inc.(NASDAQ:YHOO) is poised to continue moving upwards. This week's pullback has probably attracted a ton of traders looking for an opportunity to jump into a stock that took a dip. In addition, there are several short, mid and long term technical indications suggesting that YHOO could make a move to higher levels. On today’s session the stock closed near the highs of the day which is very bullish for next week. Next major resistance level is $15.68 ( 200-day SMA ). Support level is at $13.69 and $13.50 respectively. Bulls will be in control if price remains above 50 day moving average. Options traders are buying calls.
Canadian Solar Inc. (NASDAQ:CSIQ) formed a bullish engulfing candle on the daily chart and reversed higher on excellent volume from the key long-term support level, I'm bullish on the stock next week. I expect its up-move to continue and reach my first price target of 5.31 or 5.59 in the forthcoming trading sessions. Traders with short-term perspective can consider buying the stock with stop-loss at $4.26. CSIQ is certainly an interesting reversal candidate given the lengthy decline.
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And finally, Aruba Networks, Inc. (NASDAQ:ARUN) is a buy based on today's bullish move. The stock broke the 50 day MA and also the resistance of the channel. First possible target price for this stock is at $24.15 and have to see from there. Looking at the technical indicators, we have the MACD near the center line and RSI moving up above its 50% level.
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THQ Inc. (NASDAQ:THQI) - Some positive divergences in the chart showing up...... we might have seen the bottom and ready for a sustain rally. The insider transactions show positive sign as the CEO finally began to purchase stock in August at 1.85 and 2.60 per share for 25000 shares.
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Rambus Inc. (NASDAQ:RMBS) has just started moving higher and established a short term up-trend. Momentum indicators are slightly bullish now with RSI inching away above the middle level. The strongest sign of a bullish momentum is the MACD indicator which is currently above the 0 line. Watching for $14 breakout. This momentum could push this stock much higher from here, so keep the stock on your radar for Monday’s trading day, as there is good upside potential in this move.
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Other stocks to watch :
US Earnings Calendar for Monday, September 26
Actuant Corp - ATU
Ameritrans Capital Corp - AMTC
Ameron International Corp - AMN
Aoxing Pharmaceutical Co Inc - AXN
Cal-Maine Foods Inc - CALM
China Infrastructure Investment Corp - CIIC
China Precision Steel Inc - CPSL
CRA International Inc - CRAI
Dynatronics Corp - DYNT
Ennis Inc - EBF
Escalon Medical Corp - ESMC
Ferrellgas Partners LP - FGP
Fortune Industries Inc - FFI
Harris Interactive Inc - HPOL
InterGroup Corp - INTG
Marine Petroleum Trust - MARPS
Msci Inc - MSCI
Pansoft Co Ltd - PSOF
Senesco Technologies Inc - SNT
Sino Global Shipping America Ltd - SINO
Skilled Healthcare Group Inc - SKH
Swisher Hygiene Inc - SWSH
Thor Industries Inc - THO
Trio Tech International Inc - TRT
USA Technologies Inc - USAT
WSP Holdings Ltd - WH
New 52-week Low stocks
HPQ - HEWLETT-PACKARD CO
F - FORD MOTOR COMPANY
VALE - Vale S A ADR
DIS - DISNEY CO WALT HLDG CO
HL - HECLA MINING CO
WFT - Weatherford International
AMAT - Applied Materials
TOT - Total Sa
TQNT - TriQuint Semiconductor
MT - Arcelormittal
FSLR - First Solar Inc
BP - BP AMOCO ADS
JCI - JOHNSON CONTROLS INC
CNX - CONSOL Energy Inc
SU - SUNCOR ENERGY INC
ESRX - Express Scripts, Inc.
OXY - OCCIDENTAL PETROLEUM
TEVA - Teva Pharmaceutical
MTL - MECHEL OAO
ABB - ABB LTD
WU - Western Union
ACOM - Ancestry.com Inc
ING - Ing Groep NV ADR
SYY - SYSCO CORP
APA - APACHE CORP
AVP - AVON PRODUCTS INC
ERIC - LM Ericsson Telephone
NG - NOVAGOLD RESOURCES INC
AMX - America Movil SA
SWY - SAFEWAY INC
SWC - Stillwater Mining Co
FNFG - First Niagara Financial
KEG - Key Energy Services
VIP - VimpelCom Ltd
MBT - MOBIL TELESYSTEMS
MDR - MCDERMOTT INTL INC
NXY - Nexen Inc
ETN - EATON CORP
GRFS - Grifols SA
CPX - COMPLETE PRODUCTION
EOG - EOG Resourses
PCAR - PACCAR Inc
NIHD - NII Holdings Inc
JRCC - JAMES RIVER COAL CO
HSP - HOSPIRA INC
TC - BLUE PEARL MINING LT
NWL - NEWELL RUBBERMAID INC
WLL - WHITING PETROLEUM CP
MMR - MCMORAN EXPLORATION CO
FRO - FRONTLINE LTD
JOYG - Joy Global Inc
TS - Tenaris SA
EXH - Exterran Holdings Inc
ATI - Allegheny Technology
BEN - FRANKLIN RESOURCES INC
TWO - TWO HARBORS INVT CP
SWK - Stanley Blk&Dckr
CRZO - Carrizo Oil & Gas
TSU - Tim Participacs
CCJ - CAMECO CORP
PWE - Penn West Ptrolm
GD - GENERAL DYNAMICS CORP
FTE - France Telecom ADS
NYT - New York Times Co
AGU - AGRIUM INC
PHG - Koninklijke Philips
CSC - COMPUTER SCIENCES CORP
TX - TERNIUM S.A.
TRI - THOMSON CORP
NAV - NAVISTAR INTL CORP
L - LOEWS CORP
UPL - ULTRA PETROLEUM CP
ORI - OLD REPUBLIC INTL CORP
XRAY - DENTSPLY International
RHI - ROBERT HALF INTL INC
AHT - ASHFORD HOSPITALITY
KRA - Kraton Performance
CBT - CABOT CORP
ALV - AUTOLIV INC
KRO - KRONOS WORLDWIDE INC
LPL - LG Display Co
TZOO - Travelzoo Inc
DV - DEVRY INC
ALB - ALBEMARLE CORP
XEC - Cimarex Energy Co
THM - Intl Tower Hill
SQM - Sociedad Quimica
CRK - COMSTOCK RESOURCES INC
EBIX - Ebix Inc
WCC - WESCO INTERNATIONAL
AXS - AXIS CAPITAL HLDGS LTD
AXTI - AXT Inc
KT - KOREA TELECOM CORP
SNA - SNAP ON INC HOLDING CO
GORO - GOLD RESOURCE CORP
ENI - ENERSIS S A
WBMD - Webmd Health Crp
CIE - Cobalt International
Unusual volume in today's trading session
LFBG - Left Behind Games Inc
BLOAQ - Blockbuster Inc
SDVI - Signature Devices, Inc.
CBIS - National Healthcare
CAVM - Cavium Inc
VRAL - Viral Genetics, Inc.
PNM - PUBLIC SVC CO NEW M
ACOM - Ancestry.com Inc
PIP - HEALTHCARE ACQUISITION
SIGA - SIGA Technologies Inc.
BLOBQ - Blockbuster B
HESV - Home Energy Savings Corp.
SHOR - ShoreTel Inc
XHUA - Xinhua China Ltd.
TMX - TELEFONOS DE MEXICO
CCTC - Clean Coal Technology
NNSR - NanoSensors, Inc.
BWC - THE BABCOCK & WILCO
TDW - TIDEWATER INC
SKL - Bank of America Corp
LLEG - Laidlaw Energy Group, Inc.
PCCYF - Petrochina Co Ltd
AMAC - American Medical Al
KGN - Keegan Resources Inc
BGPIQ - BORDERS GROUP INC MICH
CSH - CASH AMERICA INTL INC
CYCC - XCYTE THERAPIES INC
USMN - U.S. Rare Earth
AAUKY - Anglo American plc
SHMN - SOHM Inc
ZA - Zuoan Fashion Limited
PSWS - Water Chef Inc
AWC - ASIA PAC WIRE&CABLE
APMZF - Ampella Mining Ltd
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: ARUN, CSIQ, RMBS, YHOO
