AC Investor Blog

Thursday, May 24, 2012

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.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

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: FL, GNOM, HDY, LCC, TSL

21:42 | Permalink |

Wednesday, May 23, 2012

Thursday's Stocks To Watch, May 24 2012

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From $2.4 to $11.47 in six days. I posted ROSG for my readers and twice for my twitter followers. Today the stock rose more than 51% hitting a high of $11.47. Congratulations to those locking in some profits on this stock. I sold for a gain of 28% in 3 days' time.

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Apple Inc. (NASDAQ:AAPL) is in a good short-term uptrend. The price has bounced off the low of $522 touched on Friday. If you have purchased at lower levels and are sitting on meaningful profits, hold with a stop at $550. The price can head towards the 590-591 zone. If this zone is surpassed, getting to $600 would be a possibility. From a technical standpoint the chart shows the stock is now back to new rally as %K line is back above %D line. With ROC still at low there is rooms for the stock to go up.

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Hewlett-Packard Company (NYSE:HPQ) is trading higher after hours, as the company released strong earnings. Right now, the technical chart is in a bearish mode and it's really hard to tell until when it would be. Key resistance is now located at 22.85, a break above this level will confirm a new bullish trend and the following uptrend will take price up to 24-25 zone.

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Career Education Corp. (NASDAQ:CECO) - Today's huge intra-day reversal suggests that we're literally seeing that the trend is changing.

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XenoPort, Inc.(NASDAQ:XNPT) made a strong run the last hour of the day, closing near the highs of the day at $5.87. The $5.95 level is a huge obstacle for this stock. If the stock can break through this level, buy the stock and watch it take off. In additon, there is plenty of accumulation on daily chart.

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Pharmacyclics, Inc. (NASDAQ:PCYC) has been on fire this week. Posted this setup on Monday and its been up over 10% since then. Looks to be getting a little overbought here. Lets see if it can keep running to end the week off.

During the day I tweet many times to my readers. I encourage everybody to subscribe AC Investor Blog twitter and newsletter, so you can receive my trade ideas and stock news in real time.

Labels: AAPL, CECO, HPQ, PCYC, ROSG, XNPT

22:27 | Permalink |

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