Friday's Stocks To Watch, May 25 2012
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US Airways Group, Inc. (NYSE:LCC) had a very nice day today,
breaking out above the $11.50 level on heavy volume. As long as it can
hold this level, it looks good !!
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Looking at the technical chart of Hyperdynamics Corporation
(NYSE:HDY) I think the most important level to watch here is the 50 day
MA now at $.99. As we can see, it previously failed at the 1.30 level
back in April and it has once again rallied up to this MA. The MACD is
moving up showing positive momentum while KD line also show buy signal
as %K line is on top of %D line. The 50 day MA needs to be crossed to
give rise to the next leg up. Stay tuned !!
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Foot Locker, Inc. (NYSE:FL) surged 2.4% to $32.31 per share breaking out an important resistance with decent volume. We should be able to see some decent upside movement for the bulls here. Technically, the
stock still in a very strong bull market with MACD on top of signal
line and 50 day moving average on top of 200 day moving average.
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Complete Genomics, Inc. (NASDAQ:GNOM) Tested the 50 day MA but couldn't
close above it. I like this one for a breakout soon. Keep an eye out for
a $2.5-2.6 breakout on volume !
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Trina Solar Limited (ADR) (NYSE:TSL) On watchlist no trigger yet. Long above $6.05.
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Labels: FL, GNOM, HDY, LCC, TSL
