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Shares of Peabody Energy Corporation (NYSE:BTU) surged more than 4.5 percent today accompanied by a strong volume expansion. The stock is showing signs of bottoming out on daily charts along with the MACD giving positive signals. The price can move up to 11.32-11.5 in the short-term.
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Alpha Natural Resources, Inc. (NYSE:ANR) had a very nice day today (+16%) breaking out above the $2.25 level on heavy volume. As long as it can hold this level, it looks good.
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Brocade Communications Systems, Inc. (NASDAQ:BRCD) On watchlist no trigger yet. Go long over $11.
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DryShips Inc. (NASDAQ:DRYS) is trading higher after hours, as the company released strong earnings. We might see a strong bounce tomorrow. Has a gap to fill over 1.65.
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El Pollo LoCo Holdings Inc (NASDAQ:LOCO) Watch the Symmetrical triangle break in daily charts for direction.
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Alibaba Group Holding Ltd (NYSE:BABA) Broke out to new highs today on strong volume. I think we will see some nice follow through tomorrow.
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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: ANR, BABA, BRCD, BTU, DRYS, LOCO