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If you are already subscribed to my twitter and newsletter, then you know that I alerted my subscribers originally on Wednesday when Royale Energy, Inc. (NASDAQ:ROYL) was trading at $3.58, which means that I have enjoyed gains of roughly 30% as of the close of market on Friday. These gains are significant and represent substantial profit for not only my twitter followers and subscribers but also any other investors who took advantage of my alert early, before the market caught on. From a technical standpoint, the stock gapped up and broke out from a short term resistance line of $4.16. The increase in volume hopefully would bring the price up to its previous high of 7.90. In addition, MACD just crossed above signal alerting everyone in the market that ROYL has momentum back on its side. Trend change ! I'm using today’s high of $4.86 as resistance for Monday. A break above that area could trigger further bullish momentum towards $5. So, with the gaining momentum and focus turned towards ROYL, lets continue watching the action unfold in the coming week !
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Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE) failed to continue it’s bullish momentum on Friday. The stock attempted to push higher, topped at 3.91 before whipsawed to the downside, hit the bottomed at 3.72 and closed at 3.81. On daily chart we can see a healthy pull back to its 20-day MA indicating a consolidation phase after some bullish momentum. The bias is neutral in nearest term. A break above 4.20 on a close basis should be seen as a serious threat for the stock to test the highs of October. Immediate resistance is seen at 4/4.08 area. Initial support at 3.7 followed by 3.63.
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Kinder Morgan Management, LLC (NYSE:KMR) had a strong move today, as the stock set new 52-week highs. The stock hit a high of $69.56, which is resistance for the follow through move. The medium term trend is bullish as the stock is above 50-day and 200-day moving averages with both moving averages going up. You should watch this stock closely on Monday.
I encourage everybody to subscribe my twitter and newsletter, so you can receive my trade ideas and stock news in real time.
Other stocks to watch :
New 52-week Low stocks
BAC - BANK OF AMERICA CORP
RIMM - Research in Motion
NFLX - Netflix, Inc.
BRCM - Broadcom Corporation
SYMC - Symantec Corporation
TEF - TELEFONICA SA
SWKS - SKYWORKS SOLUTNS
AVP - AVON PRODUCTS INC
NVS - NOVARTIS A G
CRM - SALESFORCE.COM INC
MCP - Molycorp Inc
HGSI - Human Genome Sciences
MFC - MANULIFE FINANCIAL
STI - SUNTRUST BANKS INC
OVTI - OmniVision Technology
ORI - OLD REPUBLIC INTL CORP
CSC - COMPUTER SCIENCES CORP
AINV - APOLLO INVT CORP
PCS - MetroPcs Communication
BAX - BAXTER INTERNATIONAL
IBN - Icici Bank Ltd
CCJ - CAMECO CORP
ANF - ABERCROMBIE & FITCH CO
FBR - Votorantim Adr
AGO - ASSURED GUARANTY LTD
VRTX - Vertex Pharmaceutical
TWC - Time Warner Cable Inc
CROX - CROCS INC
SLT - Sterlite Industries
NIHD - NII Holdings Inc
AEM - AGNICO EAGLE MINES LTD
ELNK - EarthLink, Inc.
TRW - TRW AUTOMOTIVE HLDG
FRX - FOREST LABORATORIES
WHR - WHIRLPOOL CORP
VECO - Veeco Instruments Inc.
RY - ROYAL BANK OF CANADA
TRI - THOMSON CORP
POL - PolyOne Corp
INCY - Incyte Genomics Inc.
TSU - Tim Participacs
RMD - RESMED INC
SAN - BANCO SANTIAGO
OPEN - Opentable Inc
FORM - FORMFACTOR INC
DV - DEVRY INC
SLF - Sun Life Fincl Inc
CECO - Career Education Co
OFC - CORPORATE OFF PPTYS
WRI - WEINGARTEN REALTY INVS
FAF - First American Corp
LRN - K12 Inc
TNE - Tele Norte Leste
TWGP - TOWER GROUP INC
BNS - Bank of Nova Scotia
WGO - WINNEBAGO INDUSTRIES
MOD - Modine Manufacturing
PKI - PERKINELMER INC
IPI - Intrepid Potash Inc
FSP - Franklin St Prop
DGIT - Digital Gen Inc
ESI - I T T EDUCATIONAL SVCS
CEL - Cellcom Isreal Ltd
BAK - Braskem SA
GEOY - Orbimage Inc
GIL - GILDAN ACTIVEWEAR INC
CODE - Spansion Inc
END - Endeavor Intl
BRKR - Bruker Corp
CQB - CHIQUITA BRANDS INT
HME - Home Properties Inc
SLH - Solera Holdings Inc
NUVA - NUVASIVE INC
OMG - O M GROUP INC
AUMN - Golden Minerals Co
CYOU - Changyou.com Limited
TRGT - Targacept Inc
DHX - Dice Holdings Inc
RBCN - Rubicon Technology Inc
EXAM - ExamWorks Group Inc
IFSIA - Interface, Inc.
DRIV - Digital River, Inc.
SSI - Stage Stores, Inc.
DGI - Digitalglobe Inc
QNST - QuinStreet Corp
HWAY - American Healthways
PEGA - Pegasystems Inc.
Unusual Volume
EEE - KFX Inc
NHCR - National Healthcare
ROYL - Royale Energy, Inc
POZN - POZEN Inc
MMRF - Mmrglobal Inc
LOGL - LEGEND OIL & GAS
MNVWF - Mountainview Energy
BHPLF - BHP BILLITON LTD
SBLK - Star Bulk Carriers
BLUG - Blugrass Energy Inc
ROSG - Rosetta Genomics
NOBGY - Noble Group Ltd
SNEJF - Sony Corp
AMNZF - Golden Prospect PLC
PNTV - Players Network Inc
LMCO - Hybrid Technologies
AGPPY - Anglo Amern Adr
IFUE - International Fuel
IPXHY - Inpex Corp
NVSEF - Novartis Ag Basel
SUOPY - Sumco Corp
ARWD - CNE Group Inc
UBAA - Urbana Corp
HKN - Harken Energy Corp
NNA - Navios Maritime
SLXN - FairMarket, 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
Labels: KMR, ROYL, YGE