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TriQuint Semiconductor (NASDAQ:TQNT) ruled firm as anticipated in the morning on Twitter. The stock closed the day near highs which leads me to believe the rally will continue on Friday. The near-term trend is positive and a move past the immediate resistance at $4.66 would impart bullish momentum. The strength of the bounce off $4 indicates that the stock may have found some short term support from which is can launch a new rally. The daily MACD's bullish crossover suggests further gains for the stock. In addition, RSI is increasing and is near the 50% level. The short term stochastic signal is also showing some positive sign. Let’s see whether the stock can gather enough momentum to break through $4.66.
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Trina Solar Limited (ADR) (NYSE:TSL) - Daily MACD line has just given a bullish crossover signal with the signal line. The MACD-histogram is sloping up, indicating that the bears are losing momentum. Both the RSI and stochastic oscillator are moving up, indicating bullishness. These factors support a bullish move.
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NetSpend Holdings Inc (NASDAQ:NTSP) - The major resistance has been broken in this technical chart. The price can move up to $7.35-$7.50 in the short-term.
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Accompanied with good volumes Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) marked an all-time high in the last trading session. With this, the daily momentum indicator has reached overbought levels and I believe that a near-term correction is likely to happen.
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Other stocks to watch :
MO - ALTRIA GROUP
KFT - KRAFT FOODS INC
INHX - Inhibitex
M - FEDERATED DEPARTMENT
MCD - MCDONALDS CORP
V - VISA Inc
PM - Philip Morris International
SO - SOUTHERN CO
PVX - Provident Energy
TSN - TYSON FOODS INC
LZB - LA Z BOY INC
TJX - TJX COMPANIES INC
COST - Costco Wholesale Co
XEL - XCEL ENERGY INC
DLTR - Dollar Tree Inc
OCR - OMNICARE INC
FTI - FMC Technologies Inc.
AEE - AMEREN CORP
ROST - Ross Stores, Inc.
EPD - ENTERPRISE PRODUCTS
MA - MASTERCARD INCORPORATION
LKQX - LKQ CP
DG - Dollar General Corp
FAST - Fastenal Company
SPPI - Spectrum Pharmaceutical
AKRX - Akorn, Inc.
ACGL - Arch Capital Group Ltd
GPC - GENUINE PARTS CO
HUM - HUMANA INC
PNW - PINNACLE WEST CAP CORP
VRSK - Verisk Analytics
VPHM - ViroPharma Incorporation
MDVN - Orion Acquisition C
OII - OCEANEERING INTL INC
AWK - American Water Work
OKE - ONEOK INC
INT - WORLD FUEL SVCS CORP
SWI - SolarWinds
ALK - ALASKA AIR GROUP INC
CRI - CARTERS INC
NSR - NEUSTAR INC
DEO - DIAGEO P L C NEW
SCG - SCANA CORP
HALO - HALOZYME THERAPEUTICS
FCN - FTI Consulting Inc
TASR - TASER International
TGI - TRIUMPH GROUP INC
Unusual Volume
AMR - A M R CORP
LAVA - Magma Design Automation
CLWR - Clearwire Corp
LULU - lululemon athletical
NLC - NALCO HOLDING CO
KSS - KOHLS CORP
AGO - ASSURED GUARANTY LTD
CHRS - Charming Shoppes, Inc.
ECL - ECOLAB INC
MSLP - MUSCLE PHARM CORP
MBI - M B I A INC
BKS - BARNES & NOBLE INC
GIL - GILDAN ACTIVEWEAR INC
IRLBF - Bank Of Ireland
TLB - TALBOTS INC
SLXP - Salix Pharmaceutical
TSPT - Transcept Pharmaceutical
URBF - Urban Barns Foods
STNG - Scorpio Tankers Inc
LZB - LA Z BOY INC
CVO - MAIL WELL INC
CFW - CANO PETROLEUM INC
ZOOM - Zoom Telephonics, Inc.
BLUG - Blugrass Energy Inc
INO - Inovio Pharm Inc
SMRT - Stein Mart, Inc.
ZOLT - Zoltek Companies, Inc.
LGDI - Legend International
MLNK - CMGI, Inc.
UTIW - UTI Worldwide Inc
FSII - FSI International
BONT - Bon-Ton Stores, Inc
NWY - NEW YORK & CO INC
ACYD - AMERICAN COMMUNITY
IPSU - Imperial Sugar Co
EDGR - EDGAR Online, 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: NTSP, SPPI, TQNT, TSL