-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

Sunday, March 18, 2018 

8 stocks to watch in the coming week

( click to enlarge )

Kadmon Holdings Inc (NYSE:KDMN) jumped 22 cents or 5.16%, Friday, on higher-than-average volume and finished at its highest close in more than five weeks. The stock closed at 4.48, above the key resistance area at 4.4, confirming the bullish flag breakout. The close was also near the high of the day, which is another good sign and an indication of possible continuation of the current bullish momentum. In the coming days, we could see extension of this new momentum towards 5.40 area (February high).

( click to enlarge )

CytRx Corporation (NASDAQ:CYTR) broke above a key resistance area on volume Friday, closing at 2.11, which is the highest close in more than 8 weeks. This breakout of a small bullish consolidation brings high probability for a trend continuation next week and push the stock well above the previous high set in January at $2.35. If this breakout occurs, we could see this stock in the $3-3.4 area in the next couple of trading days. Long setup on watch.

( click to enlarge )

Curis, Inc. (NASDAQ:CRIS) has been pulling back over the last sessions on low volume after the nice upside move following the good earnings report. I bought back the shares on Friday. The stock looks like that the price action is developing a Falling Wedge pattern on hourly, which if broken on the upside can lead to a rocket blast towards 1.05. I think that it will resume its climb very soon.

( click to enlarge )

Corindus Vascular Robotics Inc (NYSEAMERICAN:CVRS) Poised to clear the 1.65 resistance area. Keep on watch for the break on volume and go long.

( click to enlarge )

Longfin Corp (NASDAQ:LFIN) broke out Friday and traded nearly 3x normal daily volume. It has the potential to make a big run next week, so keep a close eye on LFIN and don’t miss the trade.

( click to enlarge )

InspireMD Inc (NYSEAMERICAN:NSPR) good relative strength compared to the market on Friday. The stock is starting to show signs of accumulation with high upside days and low downside days. It is poised for a move and I suspect that it will explode to the upside. Could be a high flyer on breakout, look for break above $3 to add more shares.

( click to enlarge )

Windstream Holdings, Inc. (NASDAQ:WIN) broke out of a major resistance zone with heavy volume on Friday and will likely have the attention of the swing-traders next week.

( click to enlarge )

Aqua Metals Inc (NASDAQ:AQMS) is holding up well and looks ready to move higher. Next buy point for AQMS is at 3.16

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: , , , , , , ,

Bookmark and Share

20:00 | |

Sunday, December 03, 2017 

Stocks on my Watchlist for Next Week

( click to enlarge )

Ekso Bionics Holdings Inc rebounded from its 200-day EMA located at $2.22 and closed gaining nearly 3% on Friday, which is a bullish sign. I'm watching the stock to breakout the resistance level at $2.5 which will tell us that the current down trend should be over. Keep EKSO in your watchlist.

( click to enlarge )

Eyegate Pharmaceuticals Inc rebounded nicely last week from the support line and retested the 100-day EMA on Friday. The volume was strong and the accumulation/distribution line has turned up, which is a clear sign that the money is flowing into the stock again. If it breaks the 1.24 level on Monday, the first target is $1.43 which is also the 200-day EMA followed by 1.60 (to fill the gap). FDA data coming soon. This is a stock worth watching into next week.

( click to enlarge )

Versartis Inc broke out on huge volume. The stock showed some nice strength on Friday despite the market was down. If this technical daily chart does what is supposed to do, it will be going higher in the days to come and may retest the resistance at $2.90. The stock hit a high of $2.35, which is resistance for Monday’s continuation move. Let's keep an eye on her as i think momentum will pick up.

( click to enlarge )

Pulmatrix Inc NASDAQ: PULM made a nice move on Friday and it was with an increase in volume, which shows us there are buyers in the stock. The immediate resistance level for the stock is $1.69, but don’t be surprised to see some additional resistance at the $1.82 price level. I expect to see volume increase once the stock breaks resistance (1.69). MACD indicator is showing a positive divergence and the Relative Strength Index (RSI) is back above the 45 reading forcing me to think the possibility of a trend reversal. Long setup to watch.

( click to enlarge )

W&T Offshore, Inc - After a healthy correction in the last four weeks we got a big bullish impulse Friday that could signal the beginning of another move higher. Watch the stock on Monday.

( click to enlarge )

Denbury Resources Inc. (NYSE: DNR) watch for a possible breakout out of current consolidation. Long over $2

( click to enlarge )

Curis, Inc. (NASDAQ: CRIS) has done almost nothing but go down since the beginning of November. On Friday, the stock bounced in a big way and looks to continue its upward trajectory next week. Finding a bottom in this market can be a great way to profit. Based on the technical indicators the trend seems to be changing, so I think CRIS will see $1 and better next week.

( click to enlarge )

California Resources Corp (NYSE: CRC) hit new highs of $17.84 on Friday, which is resistance for the follow through move next week. If the stock can break through highs, we should see another high volume move as the stock moves higher. Long setup on watch.

( click to enlarge )

PZZA had some decent buying action on Friday. I suspect there is more upside to this bounce and would recommend keeping your eyes on this stock next week. It should make for a good trade. I'm using the $60.51 level as the immediate resistance.

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: , , , , , , , ,

Bookmark and Share

14:52 | |

Thursday, October 20, 2011 

Few Trade Ideas for Friday

( click to enlarge )

Banner Corporation (NASDAQ:BANR) broke out of a small consolidation range on Thursday, as the stock closed up $1.43 ( 10% ) on heavy volume. I will be watching BANR on Friday for a continuation of this breakout. The technical chart shows the buyers are back and a possible test of July's highs around $19 is very likely. The short-term trend is still bullish as the stock is still on top of 20 day and 50 day moving average with both moving averages going up. Other good news, the MACD is perking up and the OBV is moving up. I think the stock has room to go higher. Watch the stock closely on Friday.

( click to enlarge )

A move on Trina Solar Limited (NYSE:TSL) above $7.52 could spark a nice short-squeeze. The stock had a nice surge a few days ago and has been in the process of consolidating. The stock is displaying upside momentum again and is poised to move higher from these levels. Nearest resistance for the stock is at $7.52. If this level is crossed and the stock is able to sustain above this level, then it might go to $8. On the downside, the stock has support at $6.35. I feel this stock will easily make a strong move to the upside.

( click to enlarge )

Curis, Inc. (NASDAQ:CRIS) is starting to make a move to break through the top of its range. This is a good stock to watch and once it breaks through $3.61on a close basis, the stock should move.

( click to enlarge )

Ciena Corporation (NASDAQ:CIEN) looks like it is gonna squeeze some shorts here. The stock has a Bullish looking stock chart, price broke out from the horizontal resistance mark around 12.09 share on Thursday again on high volume. Next resistance lies at $12.61. I expect to see a strong upside move if the stock can break through this resistance level. Watch the stock closely on Friday.

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 :
 
US Earnings Calendar for Friday, October 21

A O Smith Corp - AOS
Acme United Corp - ACU
Air Products and Chemicals Inc - APD
Ameris Bancorp - ABCB
Auburn National Bancorp Inc - AUBN
Audiocodes Ltd - AUDC
Beneficial Mutual Bancorp Inc - BNCL
Cape Bancorp Inc - CBNJ
China Metro-Rural Holdings Ltd - CNR
Citizens First Corp - CZFC
CNB Financial Corp Inc - CCNE
Consolidated Tomoka Land Co - CTO
Constellation Energy Partners LLC - CEP
Dnb Financial Corp - DNBF
Dover Corp - DOV
Eastern Virginia Bankshares Inc - EVBS
Enterprise Bancorp Inc - EBTC
Farmers Capital Bank Corp - FFKT
First Bancorp - FBP
First California Financial Group Inc - FCAL
First South Bancorp Inc - FSBK
General Electric Company - GE
GNC Holdings Inc - GNC
Hana Financial Group IncHarman International Industries Inc - HAR
Honeywell International Inc - HON
Idexx Laboratories Inc - IDXX
Kansas City Southern - KSU
KOSS Corp - KOSS
Manpower Inc - MAN
Mcclatchy Co - MNI
McDonalds Corp - MCD
Metals USA Holdings Corp - MUSA
Metrocorp Bancshares Inc - MCBI
MGIC Investment Corp - MTG
Nash Finch Co - NAFC
New England Bancshares Inc - NEBS
Ninetowns Internet Technology Group Co Ltd - NINE
Nobility Homes Inc - NOBH
Northwest Bancshares Inc - NWBI
Norwood Financial Corp - NWFL
NVR Inc - NVR
Oak Valley Bancorp - OVLY
Prosperity Bancshares Inc - PRSP
Qiao Xing Mobile Communication Co Ltd - QXM
Rediff Com India Ltd - REDF
Rosetta Genomics Ltd - ROSG
Schlumberger NV - SLB
Sensient Technologies Corp - SXT
Sky-mobi Ltd - MOBI
Summit Hotel Properties Inc - INN
Suntrust Banks Inc - STI
Tower Financial Corp - TOFC
TrustCo Bank Corp Ny - TRST
Union First Market Bankshares Corp - UBSH
United Financial Bancorp Inc - UBNK
Verizon Communications Inc - VZ
Viad Corp - VVI
 
Unusual volume
 
NOK - NOKIA CORP
BSX - BOSTON SCIENTIFIC CORP
TIVU - Tivus Inc
HBAN - Huntington Bancshares
PLCM - Polycom, Inc.
GMCR - Green Mountain Coffee
MSMY - MC Endeavors Inc
SO - SOUTHERN CO
KWK - Quicksilver Resources
WOSYY - WOLSELEY PLC
NFX - NEWFIELD EXPLORATION
COIN - Converted Organics Inc
CRUS - Cirrus Logic, Inc.
AMLN - Amylin Pharmaceutical
SCSS - Select Comfort Corp
URRE - URANIUM RESOURCES INC
OCZ - OCZ Technology Group
KMI - Kinder Morgan Inc
VSEA - Varian Semiconductor
EEGI - Eline Entertainment Group, Inc.
NNSR - NanoSensors, Inc.
POLJF - Polo Resources Ltd
TBBC - The Brainy Brands C
CIRC - CIRTRAN CORP
PNW - PINNACLE WEST CAP CORP
TSCO - Tractor Supply Company
BLVT - Bulova Technologies
CLB - CORE LABORATORIES N V
WCC - WESCO INTERNATIONAL
BWLD - BUFFALO WILD WINGS INC
GEGI - Genesis Electronics
SGAS - Sino Gas Intl Holdings
URG - Ur Energy Inc
NVLX - EFOODSAFETY COM INC
ELS - MANUFACTURERS HOME
ALALF - Alcatel Alsthom Co
UTEK - Ultratech Stepper
FRHV - Fresh Harvest Products, Inc.
XRTX - XYRATEX LTD
APVS - Applied Visual
CDR - Cedar Shop Centers
SMFG - Sumitomo Mitsui Financial Group, Inc
ORS - Orsus Xelent
CAAH - Sense Holdings Inc
DGIT - DG FastChannel
PWSV - Safari Associates Inc
CNS - COHEN & STEERS INC
NSAV - Net Savings Link Inc
GLF - Gulfmark Offshre
WSO - WATSCO INC
BCGYF - Buccaneer energy Ltd
PMGYF - Perpetual Energy
CYMI - Cymer, Inc.
LTUM - Lithium Corporation

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: , , ,

Bookmark and Share

23:03 | |

Wednesday, December 23, 2009 

Stock Picks for Thursday - Curis, Sirius XM Radio Inc. and ADC Telecommunications

( click to enlarge )

ADCT has been one of the weakest stocks the past three months, but Tuesday’s move could be the start of a reversal. The increase in volume is telling us that buyers are coming in and expect to see this stock go higher. If this is the start of an upside move, we will see heavy volume again in the coming sessions. An aggressive trader may want to buy ADCT here. The price can head towards the $6.56-$6.6 zone. If this zone is surpassed, getting to $7.11 would be a possibility. Add to your position once there is a close above $6.6. On the technical daily chart we can see the short term bearish trend line has been violated to the upside. The bias is now bullish in nearest term but remains neutral in medium term. With KD rising we could see possible rally coming for the stock. Let's keep an eye on ADCT as i think momentum will pick up.

( click to enlarge )

SIRI has been slowly moving down the past few days on increasing volume. This stock has been selling off since mid-November. The short-term outlook remains bearish and a drop to the $0.543-0.55 range appears likely. Short positions may be considered with a price target of $0.543-0.55 and a stop-loss at 0.599. The weak outlook would be negated on a close above $0.60. A close above this level would warrant liquidation of short positions.

( click to enlarge )

CRIS has been on fire the past few weeksand it doesn’t look like the trend will change soon. The stock hit a new 52-week high of $3.16 during the day, vaulting over its previous high of $3.09 set early this month. The technical chart is still showing buy signal with stock trading above 50 day and 200 day moving averages, and with MACD on top of 0 and K line on top of D line. CRIS has a lot of upside potential, so watch the stock closely.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all Folks. See you tomorrow !!!

AC

Labels: , ,

Bookmark and Share

23:59 | |

Thursday, December 17, 2009 

Stock Picks for Thursday - Sirius XM Radio , Curis and Cell Therapeutics

( click to enlarge )

CTIC has been drifting lower since making a high of 2.23 in June. At this stage, the share price of CTIC appears to be moving sideway, with a slight upward bias. While the share price is slowly moving up by the upside is blocked by a strong resistance around 1.286. The recent increase in trading volume and rising OBV suggests buyers are accumulating stock. A breakout above $1.30 would constitute a technical entry for the short term trader looking for a quick trade. Technically, the stock could go either way and my bias is to the upside, but I do not have enough conviction yet based on this setup.

( click to enlarge )

CRIS - I love this pick. This chart looks pretty bullish. The stock has been under strong accumulation since the beginning of November and is sitting right on its 13 MA. For the short term, it is consolidating inside an ascending triangle with resistance at 3.01. If it breaks out of the ascending triangle, target price is at 3.38. A good breakout volume would be above 1M shares traded. Looking at the technical daily chart, MACD is indicating a bullish signal as it is above the signal line and at the same time above the center line. RSI still above 50. It seems that $3.01 is an important level. Apparently the stock has some legs to break this up. I need to have it confirmed by this week. Future will tell.

( click to enlarge )

SIRI - The support at around 0.60 has been tested and is still holding. It may rebound to the 0.64-0.65 region. The stock is probably back to uptrend and with KD rising we could see possible rally coming for the stock. Let's keep an eye on her as i think momentum will pick up. On the other hand, if If the 0.60 level is broken, then the next support is at 0.54 to 0.56. Bulls and bears are in equal strength.

Other Stocks to Watch :

Stocks that have a Bullish Engulfing pattern at the end of their daily chart.

YHOO - Yahoo! Inc
MCO - Moody's Corp
UNP - UNION PACIFIC CORP
IVZ - INVESCO LTD
FMCN - Focus Media Hldg
CHU - CHINA UNICOM LTD
WIT - Wipro Ltd
HBI - HANESBRANDS INC
HRS - HARRIS CORP
PKX - POHANG IRON & STEEL CO
BWP - BOARDWALK PIPELINE

Stocks that have a Bearish Engulfing pattern at the end of their daily chart.

GLW - CORNING INC
WMT - Wal-Mart Stores Inc
MO - ALTRIA GROUP
ESRX - Express Scripts, Inc.
MHS - MEDCO HEALTH SOLUTI
DUK - DUKE ENERGY CORP
JOYG - Joy Global Inc
MDT - MEDTRONIC INC
OSIP - OSI Pharmaceuticals
FHN - FIRST TENNESSEE NAT
FSLR - First Solar Inc
FTO - FRONTIER OIL CORP
LWSN - Lawson Software, Inc.
POM - Potomac Electric Po
GTE - GRAN TIERRA ENERGY
GNK - GENCO SHIPPING & TR
AEE - AMEREN CORP
INCY - Incyte Genomics Inc.
AGN - ALLERGAN INCORPORATED
ENER - Energy Conversion Devices
IR - INGERSOLL RAND CO
THOR - Thoratec Laboratories
TIVO - TiVo Inc.
CEG - Constellation Energ
CGA - China Green Agricul
BDX - Becton Dickinson
PLCM - Polycom, Inc.
LIFE - Invitrogen Corporation
ETN - EATON CORP
PBG - PEPSI BOTTLING GROUP
ARRS - Arris Group Inc
DPL - D P L INC
TKR - TIMKEN CO
EBR - Centrais Eletricas
HEAT - SmartHeat Inc
HSC - HARSCO CORP
WBD - WIMM BILL DANN FOODS
MDCO - Medicines Company
NTRI - Nutri/System Inc
HS - HEALTHSPRING INC
NEP - DRACO HLDG CP
SLXP - Salix Pharmaceutical
NKTR - Nektar Therapeutics
RS - RELIANCE STEEL & AL
PAA - PLAINS ALL AMERICAN
AJG - GALLAGHER ARTHUR
CRL - CHARLES RIVER LABOR
PFCB - P.F.Chang's China B

List of stocks where MA 13 crossed below the MA 50 ( Bearish Cross ) on Wednesday

XOM - EXXON MOBIL CORP
GG - GOLDCORP INC
AMGN - Amgen Inc.
EXXI - Energy XXI Ltd
AVP - AVON PRODUCTS INC
ANF - ABERCROMBIE & FITCH CO
NKE - NIKE INC CL B
SOMX - SOMAXON PHARMACEUTIC
USEG - U.S. Energy Corp.
EZCH - Ezchip Semicon
FNSR - Finisar Corporation
HAR - HARMAN INTL INDS INC
TTHI - Transition Therapeu
CGSY - Capitl Grwth Sys
BBVA - BANCO BILBAO VIZCAYA
TRH - TRANSATLANTIC HLDGS.
EWD - WEBS Sweden
CEXI - CEDX INC CL A STK U
ENH - Endurance Specialty
RBA - RITCHIE BROS AUCTIO
DUSA - DUSA Pharmaceuticals

List of stocks where MA 13 crossed above the MA 50 ( Bullish Cross ) on Wednesday

AA - ALCOA INC
NWSA - News Corp Ltd pf
JAVA - Sun Microsystems, Inc.
PRU - PRUDENTIAL FINANCIA.
RSX - Market Vectors Russ.
FLEX - Flextronics Internartional
SAI - SAIC INC
MFA - Mfa Financial
DRI - DARDEN RESTAURANTS INC
MAR - MARRIOTT INTL INC NEW
ARRY - Array BioPharma Inc
LPX - LOUISIANA PACIFIC CORP
VRSK - Verisk Analytics
SOLR - GT Solar International
MAC - MACERICH CO
RHI - ROBERT HALF INTL INC
GLG - Freedom Acquisition
TDW - TIDEWATER INC
PDE - PRIDE INTL INC
CHRW - C.H. Robinson World
CVBF - CVB Financial Corp
PLAB - Photronics, Inc.
CCTYQ - CIRCUIT CITY STRS
ASH - ASHLAND INC
SNS - Steak N Shake
BLL - BALL CORP
CUZ - COUSINS PROPERTIES INC
TMK - TORCHMARK CORP
SPPI - Spectrum Pharmaceutical
PYMX - POLYMEDIX INC
SFSF - SuccessFactors Inc
HEV - Enerl Inc
PNR - PENTAIR INC
BLC - Belo Corp
AAN - AARON RENTS INC
EPR - ENTERTAINMENT PROP
ADPT - Adaptec, Inc.
IFSG - Cyber Merchants Exc
CBST - Cubist Pharmaceutic
VAL - VALSPAR CORP
FR - First Industrial Re
PTP - Platinum Underwrite
WWW - WOLVERINE WORLD WID
TRI - THOMSON CORP
ES - EnergySolutions Inc
LYV - Live Nation
JPS - NUVEEN QUAL PREF IN
RVT - ROYCE VALUE TRUST INC
ZZ - SEALY CORPORATION

List of stocks where MA 50 crossed below the MA 200 ( Dead Cross ) on Wednesday

WFT - Weatherford Interna
THMRQ - Thornburg Mortgage Inc
PARD - NeoRx Corporation
FCEL - FuelCell Energy, Inc.
DPZ - DOMINO'S PIZZA INC
DUF - DUFF & PHELPS CL A
JAV - Intercontinental Te
AIDO - Adv ID CORP
KDKN - KODIAK ENERGY INC
KFS - KINGSWAY FINANCIAL
AMN - AMERON INTERNATIONA.
RUTH - Ruth's Hosptalty

List of stocks where MA 50 crossed above the MA 200 ( Golden Cross ) on Wednesday

PBCT - People's Bank
DDSS - LABOPHARM INC
RPT - RAMCO GERSHENSON PP

List of stocks where the chart is displaying a Bullish Signal Reversal Alert

ACMR A.C. Moore Arts & Crafts, Inc.
ACTU Actuate Corp.
ADTN ADTRAN, Inc.
AFFX Affymetrix, Inc.
ARBA Ariba, Inc.
ARRS Arris Grp., Inc.
BRCD Brocade Communications Systems, Inc.
CAEI China Architectural Engineering, Inc.
CBEH China Integrated Energy, Inc.
CCMP Cabot Microelectronics Corp.
CHKE Cherokee, Inc.
CTIC Cell Therapeutics, Inc.
DECK Deckers Outdoor Corp.
FXEN FX Energy, Inc.
GFIG GFI Group Inc.
GOLD Randgold Resources Ltd.
ICLR ICON PLC
IDIX Idenix Pharmaceuticals Inc.
JRCC James River Coal Company
LKFN Lakeland Financial Corp.
NAVG Navigators Group, Inc.
NBIX Neurocrine Biosciences, Inc.
NITE Knight Capital Group, Inc.
OKSB Southwest Bancorp, Inc.
OREX Orexigen Therapeutics, Inc.
RGEN Repligen Corp.
SGEN Seattle Genetics Inc.
VITA Orthovita Inc.

List of stocks where the chart is displaying a Bearish Signal Reversal Alert

AMLN Amylin Pharmaceuticals, Inc.
ANAT American National Insurance Co.
AUDC AudioCodes Ltd.
AXTI American Xtal Technology
CAMD California Micro Devices Corp.
HPOL Harris Interactive, Inc.
HSWI HSW International, Inc.
HTBK Heritage Commerce Corp.
IBAS iBasis, Inc.
INSP InfoSpace, Inc.
MLNK ModusLink Global Solutions, Inc.
NABI Nabi
PCYC Pharmacyclics, Inc.
PLLL Parallel Petroleum Corp.
QPSA Quepasa.com Inc.
RAME RAM Energy Resources, Inc.
SOLF Solarfun Power Holdings Co., Ltd.
UBSI United Bankshares, Inc.
VIGN Vignette Corp.

List of Stocks in a New Uptrend according to the technical indicator ADX

ABCO Advisory Board Co.
AMRI Albany Molecular Research, Inc.
ARRY Array Biopharma, Inc.
BFIN BankFinancial Corp.
CBST Cubist Pharmaceuticals, Inc.
CLDA Clinical Data, Inc.
CLNE Clean Energy Fuels Corp.
COYN COPsync, Inc.
RZO Carrizo Oil & Gas, Inc.
CTCH Commtouch Software Ltd.
DSCM drugstore.com, Inc.
EMMS Emmis Communications Corp.
ERIE Erie Indemnity Co.
EXEL Exelixis, Inc.
GHDX Genomic Health, Inc.
LOGM LogMeIn Inc.
LSTR Landstar System, Inc.
MSHL Marshall Edwards Inc.
MYRG MYR Group, Inc.
NETL NetLogic Microsystems, Inc.
NWS News Corp. Ltd.
NWSA News Corp. Ltd.
PSEC Prospect Capital Corp.
RPFG Rainier Pacific Financial Group, Inc.
SFLY Shutterfly Inc.
SHOO Steven Madden, Ltd.
SRDX SurModics, Inc.
SSTI Silicon Storage Technology, Inc.
TYPE Monotype Imaging Holdings Inc.
UTHR United Therapeutics Corp.
UTIW UTi Worldwide Inc.
VIAP VIA Pharmaceuticals, Inc.
WCRX Warner Chilcott Plc
WIBC Wilshire State Bank
WTFC Wintrust Financial Corp.

List of Stocks in a New Downtrend according to the technical indicator ADX

ABTG Ambient
AUXL Auxilium Pharmaceuticals Inc.
HILL Dot Hill Systems Corp.
INVC Innovative Card Technologies, Inc.
ORCC Online Resources & Communications Corp.
PCAR PACCAR, Inc.
PRAA Portfolio Recovery Associates, Inc.
SCLX Sino Clean Energy Inc.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. Have a great trading day !!!

AC


Labels: , ,

Bookmark and Share

13:30 | |

Friday, December 11, 2009 

Stock Picks for next week - Rambus , Curis and Motorola

( click to enlarge )

The technical daily chart of Motorola is showing that the stock is trading in a tight range and I think it is getting ready to break. The resistance point is 8.61. You can see from the chart that the overhead resistance has been hit twice before, but not penetrated. All oscillators are floating on neutral territory without a distinct price direction. Nevertheless, there is a very strong bullish cross forming on the daily Stochastic which indicates a possible violent bullish move. The technical daily chart is supporting the bullish notion and it appears that the fresh bullish momentum is growing. Going long might be a preferable strategy next week week. MOT is definitively a stock that will make a move.

( click to enlarge )

Rambus stock has been in the process of consolidating an early December breakout and has weathered the recent pullback without too much chart damage. It is actually pretty close to year highs. I'm looking to see if RMBS can close over 22 which should lead to further strength. So far the technical chart is still showing buy signal with stock trading above 50 day moving averages with MACD on top of signal line and K line on top of D line. If the markets get a Santa Claus rally, then I feel RMBS will easily make new highs.

( click to enlarge )

CRIS held up pretty well in a weak week. It just hit new all time highs a few weeks ago ( $3.09 ) and the subsequent pullback has been rather tame. It looks like the stock is in a well defined trading range and it's worth watching to see if it can break through the range soon. If the markets show some strength the next week, then CRIS could have enough strength to clear $3 and then test the recent highs at $3.09. In addition, the Chain Money Flow indicator in the chart is showing very bullish money flows, which means that systematic buying is going on even though the price has been pulling back. Stay tuned on CRIS.

Other Stocks to Watch :

Stocks that have a Bullish Engulfing pattern at the end of their daily chart.

FTR - Citizens Communication
CEMJQ - Chemtura Corporation
CMA - COMERICA INC
CB - CHUBB CORP
WNR - WESTERN REFINING INC
PMI - P M I GROUP INC
HSC - HARSCO CORP
KERX - Keryx Biopharma
PSA - PUBLIC STORAGE INC
RGC - Regal Entertainment
CMO - CAPSTEAD MORTGAGE CORP
SUG - SOUTHERN UNION CO
RNR - RENAISSANCE RE HLDG
BRE - B R E PROPERTIES IN
VRSK - Verisk Analytics
PEB - Pebblebrook Hotel T
ONB - OLD NATIONAL BANCOR
IRET - Investors Real Esta
BXS - BANCORPSOUTH INC
WES - Western Gas Partner
ID - Viisage Technology

Stocks that have a Berish Engulfing pattern at the end of their daily chart.

RIMM - Research in Motion
QCOM - QUALCOMM Incorporated
KR - KROGER CO
ITUB - Itau Unibnco Adr
SYMC - Symantec Corporation
PALM - Palm, Inc.
GS - GOLDMAN SACHS GROUP
QLD - Ultra QQQ Proshares
GGWPQ - GENERAL GROWTH PROP
KG - KING PHARMACEUTICAL
BTU - PEABODY ENERGY CORP
EGO - ELDORADO GOLD CP
LNC - LINCOLN NATIONAL CORP
CAR - Avis Budget Group Inc
ACN - Accenture Plc
TEVA - Teva Pharmaceutical
RDC - ROWAN COS INC
JDSU - JDS Uniphase Corporation
CTSH - Cognizant Technolog
PXP - Plains Exploration
MTL - MECHEL OAO
CNX - CONSOL Energy Inc
ADP - Automatic Data Process
PDE - PRIDE INTL INC
VIP - Vimpel Communication
ILMN - Illumina, Inc.
LRCX - Lam Research Corporation
CMI - CUMMINS ENGINE CO INC
CTXS - Citrix Systems, Inc.
CRM - SALESFORCE.COM INC
OI - OWENS ILLINOIS INC
VRTX - Vertex Pharmaceutical
FTO - FRONTIER OIL CORP
EGLE - Eagle Bulk Shipping
CNI - CANADIAN NATL RAIL CO
HSP - HOSPIRA INC
AMSC - American Superconductor
CRL - CHARLES RIVER LABOR
DTG - DOLLAR THRIFTY AUTO
ATW - ATWOOD OCEANICS
JRCC - JAMES RIVER COAL CO
ECL - ECOLAB INC
VRX - I C N PHARMACEUTICAL
BDK - BLACK & DECKER CORP
MYGN - Myriad Genetics, Inc.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All Folks. Have a nice weekend !!!

AC

Labels: , ,

Bookmark and Share

23:13 | |

Saturday, December 05, 2009 

Hot stocks for next week - JDS Uniphase Corporation, Curis, Cell Therapeutics, Rambus and Sirius XM Radio Inc.

( click to enlarge )

JDSU had a good move on Friday. The stock has been under accumulation for a couple days now. The volume on accumulation days consistently exceeded the volume on distribution days. That's a bullish sign. In addition, the technical daily chart above shows the stock is in a bull market as MACD is on top of signal line K line is on top of D line, both indicating buy. JDSU is also on top of 50 day and 200 day moving average showing the stock is in bull market.The price can head towards the $8.25/8.40 zone. If this zone is surpassed, getting to 9.5 would be a possibility. Add to your position once there is a close above 7.90.

( click to enlarge )

The stock traded down over the last trading sessions, but not enough to make me stop watching. The volume in the stock was weak compared with recent sessions when prices rose, which means traders are not betting on the downside. I think the stock is still in a consolidation range, waiting to make a big move. I'm watching SIRI on Monday, and I'm buyer once the stock breaks Friday’s high of $0.64. If the stock does break through, we should see an increase in volume as traders enter this trade. SIRI will move quickly, so watch it closely.

( click to enlarge )

CTIC - The technical daily chart shows a continuation of the trend with MACD on top of 0 and K line on top of D line. There are a several indicators showing the stock is on the course to go higher. Once the stock breaks above Friday’s high of $1.19, get ready to enter the trade on the continuation move.

( click to enlarge )

I am totally bullish on Rambus and buy at every dips. Look's like something is cooking between Rambus and Samsung. I mean it's obvious! The technical chart still showing a bullish bias. KD line shows positive signs as K line is rising on top over D line and RSI continue moving up. I suspect the stock may continue to appreciate over the coming days.

( click to enlarge )

I still feel the stock is setting up for another breakout move. CRIS broke out to new 2009 highs on Thursday, as the stock hit $3.09 on the day. This high is resistance for the follow though move, which should occur very soon. The stock is showing signs of strong acumulation with high volume on upside days and low on downside days. Do not be surprised if CRIS consolidates again on Monday, but keep watching in case it moves. This will be a fast moving trade, so you need to watch the stock very closely throughout the next few days.

Other Stocks to Watch :

Stocks that have a Bullish Engulfing pattern at the end of their daily chart.

SCI - SERVICE CORPORATION
GLG - Freedom Acquisition
TCO - TAUBMAN CENTERS INC
VCLK - ValueClick, Inc.
CNK - Cinemark Holdings Inc
HEK - Heckmann Corp
IMGN - ImmunoGen, Inc.
JDAS - JDA Software Group
HPJ - Hong Kong Highpower
LNG - Cheniere Energy Inc
MDOR - MAGNUM D'OR RES INC
UBET - Youbet.com, Inc.
EMMS - Emmis Communication
STRL - Sterling Constructi
SCVL - Shoe Carnival, Inc.
HHGP - Harris & Harris Gro

Stocks that have a Berish Engulfing pattern at the end of their daily chart.

MCLN - General Devices Inc
MRK - Merck & Co
DUK - DUKE ENERGY CORP
SU - SUNCOR ENERGY INC
SLM - USA EDUCATION INC
KSS - KOHLS CORP
EXC - EXELON CORPORATION
PEG - Public Service Ente
DPTR - Delta Petroleum Corporation
EXPE - EXPEDIA INC
STJ - ST JUDE MEDICAL INC
MDR - MCDERMOTT INTL INC
ARIA - ARIAD Pharmaceutical
D - DOMINION RESOURCES
CEG - Constellation Energ
ENDP - Endo Pharmaceutical
ENER - Energy Conversion D
CE - CELANESE CORPORATION
VRTX - Vertex Pharmaceutical
SNPS - Synopsys, Inc.
WLT - Walter Energy
SOLR - GT Solar International
RS - RELIANCE STEEL & AL
CSIQ - Canadian Solar Inc
CZZ - Cosan Limited Cl A
KMGB - KMG Chemicals, Inc.
BMGP - IBISES INTL INC
ACH - ALUMINUM CORP OF CH
SNDA - SHANDA INTERACTIVE
HALO - HALOZYME THERAPEUTICAL
ETP - HERITAGE PROPANE PT
MDVN - Orion Acquisition C
LTUS - Lotus Pharmaceutical

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All Folks. Have a nice weekend !!!

AC

Labels: , , , ,

Bookmark and Share

10:02 | |

Wednesday, December 02, 2009 

Stock Picks for Thursday - Basic Energy Services , Rambus and Curis

( click to enlarge )

CRIS broke out on Wednesday and made a new 52-week high of $3. I am keeping CRIS on the list for the continuation move. The stock had big buyers in it all day and looks ready to make another move on Thursday. The daily chart shows a continuation of the trend with MACD and RSI in the Bullish areas. Watch the stock closely tomorrow and once it breaks $3, get ready to jump in and buy the stock.

( click to enlarge )

RMBS is starting to make a move to break through the top of its range. The stock has traded between $16-19 since late July. RMBS has been under accumulation as shown by its accumulation/distribution ratio and MACD just crossed above the half-way mark, both are a sign of an impending move. In addition, KD line is indicating upward swing. If this chart does what is supposed to do, it will be going higher in the weeks to come.Another interesting fact that caught my curiosity was the unusual options activity in stock over the day. If you go out to the December 2009 options expiration contracts, you will see that nearly 2409 contracts have been traded in the Dez 09 $20 CALLS. This leads me to believe that investors are really convinced that stock will break the major resistance very soon. This is a good stock to watch and once it breaks through $19.20 on close basis, the stock should move. Good luck.

( click to enlarge )

BAS closed the day very strong, trading 3x normal daily volume and closing near highs. The way the stock closed on Wednesday, leads me to believe there is a buyer in the stock. If BAS can break through Wednesday’s high of $7.46, I am a buyer of the stock. There will be some resistance at the $7,52 level, but the stock should go through and trade up to $7.74. Insiders are buying the stock again.

Other Stocks to watch - ( Pattern is Bullish Engulfing )

LVLT - Level 3 Communications
TSM - TAIWAN SEMICONDUCTOR
BSX - BOSTON SCIENTIFIC CORP
SQNM - Sequenom, Inc.
TGT - TARGET CORP
MDT - MEDTRONIC INC
HST - HOST MARRIOTT CORP
MET - METLIFE INC
JCP - PENNEY J C CO INC
CAR - Avis Budget Group Inc
ACL - Alcon Inc
CAH - CARDINAL HEALTH INC
KSS - KOHLS CORP
MPS - MODIS PROFESSIONAL
LPX - LOUISIANA PACIFIC CORP
MF - MF Global Ltd
PFG - PRINCIPAL FINANCIAL
HOG - HARLEY DAVIDSON INC
CF - CF INDUSTRIES HOLDINGS
BCS - BARCLAYS P L C
LM - LEGG MASON INC
CCK - CROWN CORK & SEAL
FAST - Fastenal Company
FCE.A - Forest City Enterpr
WFSL - Washington Federal
EWBC - East West Bancorp
ZGEN - ZymoGenetics, Inc.
NUVA - NUVASIVE INC
AMB - AMB Property Corp
WRI - WEINGARTEN REALTY INVS
ANH - Anworth Mortgage As
SEE - SEALED AIR CORP NEW
RS - RELIANCE STEEL & AL
NHP - NATIONWIDE HLTH PRO
IRC - INLAND RE CORP
MWA - Mueller Water Produ
PCLN - priceline.com Incor
IOC - Interoil Cp
NPBC - National Penn Bancs
JRCC - JAMES RIVER COAL CO
ROVI - Macrovision Corporation
AFFX - Affymetrix, Inc.
ECLP - Eclipsys Corporation
TWC - Time Warner Cable Inc
ONB - OLD NATIONAL BANCOR
UMPQ - Umpqua Holdings
ARG - AIRGAS INC

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's All. See you tomorrow !!!

AC

Labels: , ,

Bookmark and Share

22:32 | |

Thursday, November 26, 2009 

Stocks to watch on Friday Nov 27 - Electronic Arts Inc. , Curis and JDS Uniphase

( click to enlarge )

ERTS - The stock has been in a strong downtrend the past few days, but could have found a bottom at these levels. Wednesday, ERTS was one of the few bright spots, as the stock closed up $.45 on the day. If the stock can break through Monday’s high of $17.56, we should see a high volume upside move. Technically the stock now shows positive sign as the stock is now trading above 5 day moving average with KD rising. I will watch the stock closely on Friday and buy once it breaks through resistance.

( click to enlarge )

CRIS has been one of the hottest stocks on the market, as it ran from $2.30 up to $2.75 in a 3-day period. Since hitting highs, the stock has pulled back to settle in at the $2.5-2.65 range. I feel there are buyers accumulating the stock at support and I'm watching for the possible breakout move on Friday. Resistance is $2.75, which was Monday’s high. The stock is displaying upside momentum and is poised to move higher from these levels. For a cheap stock, CRIS is very volatile, so watch the stock closely on Friday.

( click to enlarge )

JDSU received an upgrade pre-market on Wednesday, which helps push the stock higher on the day. The stock should be active again on Friday as it closes near its resistance level at $7.89, which was Nov 16th high. If JDSU can break through resistance, the stock has plenty of upside room to run. The uptrend continuation scenario is slightly more likely at the moment. Shareholders may remain invested with a stop-loss at $7.34.

Other stocks to watch :

New 52-week High stocks

ABTL autobytel.com, Inc.
ACGY Acergy S.A.
AMCS AMICAS, Inc.
AMPL Ampal-American Israel Corp.
APWR A-Power Energy Generation Systems, Ltd.
BCPC Balchem Corp.
BCSI Blue Coat Systems, Inc.
BIDU Baidu, Inc.
BIOF BioFuel Energy Corp.
BONT Bon-Ton Stores, Inc.
CAMP California Amplifier, Inc.
CEVA Ceva Inc.
CLCT Collectors Universe, Inc.
CLMT Calumet Specialty Products Partners L.P.
CORE Core Mark Holding Co., Inc.
CPNO Copano Energy
CPSI Computer Programs and Systems Inc.
CYTX Cytori Therapeutics, Inc.
DBRN Dress Barn, Inc.
DISH EchoStar Communications Corp.
DLLR Dollar Financial Corp.
EPHC Epoch Holding Corp.
ETNL Eternal Image Inc
FARO FARO Technologies, Inc.
FRTW Franklin Towers Enterprises Inc.
FWGO Fischer Watt Gold Co. Inc.
GIVN Given Imaging Ltd.
GOLD Randgold Resources Ltd.
GOOG Google, Inc.
GPOR Gulfport Energy Corp.
HOME Home Federal Bancorp Inc.
IBKC Iberiabank Corp.
IMYNE Immunosyn Corp.
INCY Incyte Corp.
INFY Infosys Technologies Ltd.
IRBT iRobot Corp.
ISRG Intuitive Surgical, Inc.
JST Jinpan Intl Ltd.
KNDI Kandi Technologies Corp.
LMDIA Liberty Media Corp.
MDVN Medivation, Inc.
MEDX Medarex, Inc.
MELI MercadoLibre Inc.
MGPI MGP Ingredients, Inc.
MOSY MoSys Inc.
MSEX Middlesex Water Co.
NRGY Inergy, L.P.
NTAP Network Appliance, Inc.
NTRI NutriSystem, Inc.
PCAP Patriot Capital Funding
PLXS Plexus Corp.
PRGO Perrigo Co.
PRGS Progress Software Corp.
PRSP Prosperity Bancshares, Inc.
PWER Power-One, Inc.
QADI QAD, Inc.
QLTI QLT, Inc.
RDEN Elizabeth Arden, Inc.
RINO RINO International Corp.
RSYS RadiSys Corp.
SDRG Silver Dragon Resources Inc.
SIGA SIGA Technologies, Inc.
SPLS Staples, Inc.
SXCI SXC Health Solutions Corp.
TDSC 3D Systems Corp.
TICC TICC Capital Corp.
VNUS VNUS Medical Technologies Inc.
VSAT ViaSat, Inc.
ZILG ZiLOG, Inc.
ZOLL Zoll Medical Corp.

New 52-week Low stocks

COINW Converted Organics Inc.
FNXC Fonix Corp.
GCHK Greenchek Technology, Inc.
ICPR ICP Solar Technologies, Inc.
RHIE RHI Entertainment Inc.
SLPO Superlattice Power, Inc.
SMTB Smithtown Bancorp Inc.
UVSP Univest Corp. of Pennsylvania
WWEI Welwind Energy Intl Corp.

List of Stocks in a New Uptrend according to the technical indicator ADX

ACAS American Capital Ltd.
AFSI AmTrust Financial Services, Inc.
AIPC American Italian Pasta Co.
BCON Beacon Power Corp.
BRKR Bruker Corp.
CHDO CHDT Corp.
CLRI Cleartronics, Inc.
CWST Casella Waste Systems, Inc.
ETNL Eternal Image Inc
EXPE Expedia, Inc
GIFI Gulf Island Fabrication, Inc.
GPOR Gulfport Energy Corp.
HOMB Home BancShares Inc.
ITKG Integral Technologies Inc.
JAZZ Jazz Pharmaceuticals, Inc.
KERX Keryx Biopharmaeuticals
MDOR Magnum d'Or Resources Inc.
MICC Millicom Intl Cellular S.A.
MRDDF Miranda Gold Corp.
NEXM NexMed, Inc.
SLNH Splinternet Holdings Inc.
SNBP Sinobiopharma, Inc.
SQNM Sequenom, Inc.
TCBK TriCo Bancshares
WRLD World Acceptance Corp.
WSCE Wescorp Energy Inc.

List of Stocks in a New Downtrend according to the technical indicator ADX

ADPT Adaptec, Inc.
AIRV Airvana Inc.
AMIE Ambassadors Intl, Inc.
CEDC Central European Distribution Corp.
CMRG Casual Male Retail Group, Inc.
COLM Columbia Sportswear Co.
CTCH Commtouch Software Ltd.
CYXN China Yongxin Pharmaceuticals Inc.
DGLY Digital Ally Inc.
DLIA Delia's Inc.
EPCT EpiCept Corp.
GLDD Great Lakes Dredge & Dock Corp.
GSPG GoldSpring, Inc.
JAVO Javo Beverage Co.
LBTYA Liberty Global Inc.
OUTD Outdoor Channel Holdings, Inc.
PTCHF Patch Intl Inc.
QDEL Quidel Corp.
RADS Radiant Systems, Inc.
RNWK RealNetworks, Inc.
RVBD Riverbed Technology, Inc.
SIVB SVB Financial Group
VHGI VirtualHealth Tech Inc.

List of stocks where MA 13 crossed below the MA 50 ( Bearish Cross ) on Wednesday

TYRIA - Trey Resources Inc
CIRC - CIRTRAN CORP
SVU - SUPERVALU INC
LTD - LIMITED INC
MAR - MARRIOTT INTL INC NEW
TBH - TELECOMUNICAOES BRA
DKS - DICKS SPORTING
KMX - CarMax Inc
JRCC - JAMES RIVER COAL CO
HOC - Holly Cp
MCGC - MCG Capital Corporation
AMLM - American Lithium Mi
HAIN - The Hain Celestial
TSYS - TeleCommunication S
NS - VALERO LP

List of stocks where MA 13 crossed above the MA 50 ( Bullish Cross ) on Wednesday

GE - GENERAL ELECTRIC CO
INTC - Intel Corporation
EOPI - Itec Environmental
S - Sprint Corp FON Group
FITB - Fifth Third Bancorp
NSM - NATIONAL SEMICONDUCTOR
STI - SUNTRUST BANKS INC
PXP - Plains Exploration
DFS - Discover Financial
FLEX - Flextronics Internattional
CCL - CARNIVAL CORP
BRCM - Broadcom Corporation
IPG - INTERPUBLIC GRP OF COS
SOMX - SOMAXON PHARMACEUTIC
SONS - Sonus Networks, Inc.
RHHBY - Roche Holding Ltd S
QLTI - QLT Inc.
DDS - DILLARDS INC CL A
SPIL - Siliconware Precision
TC - BLUE PEARL MINING LT
SSRI - Silver Standard Resources
JASO - JA Solar Holdings C
OMC - OMNICOM GROUP INC
EWY - WEBS South Korea
RBY - RUBICON MINERALS CP

List of stocks where MA 50 crossed below the MA 200 ( Dead Cross ) on Wednesday

PHM - PULTE CORP
HAFC - Hanmi Financial
GERN - Geron Corporation
CAEI - China Architectural
BRO - BROWN AND BROWN INC
VITA - Orthovita, Inc.
FNB - F.N.B. Corporation
TGC - Tengasco Inc
LXU - Lsb Industries Inc

List of stocks where MA 50 crossed above the MA 200 ( Golden Cross ) on Wednesday

MCLN - General Devices Inc
SZSN - XENICENT INC
NWN - Northwest Nat Gas Co
NAFC - Nash Finch Co

List of stocks where the chart is displaying a cup and handle formation

ORCL - Oracle Corporation
UNH - UNITEDHEALTH GROUP INC
JDSU - JDS Uniphase Corporation
WU - Western Union
YGE - Yingli Green Energy
HON - HONEYWELL INTERNATIONAL
EQR - EQUITY RESIDNTL PRO
PCAR - PACCAR Inc
CELG - Celgene Corporation
PGR - PROGRESSIVE CORP
WLP - Wellpoint Inc
SHLD - KMart Corp
NXY - Nexen Inc
VNQ - VANGUARD SPEC FDS R
BIG - Big Lots Inc
SAI - SAIC INC
CVH - COVENTRY HEALTH CAR
VNO - VORNADO REALTY TRUST
GNK - GENCO SHIPPING & TR
SLG - SL Green Realty Corp
GTI - GrafTech International
PCL - PLUM CREEK TIMBER CO

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all Folks. Have a nice thanksgiving !!!
Cheers!

AC

Labels: , ,

Bookmark and Share

13:30 | |

Monday, November 23, 2009 

Hot stocks for Tuesday - Curis, THQ and DryShips

( click to enlarge )

CRIS Breakout again !!!! Really Cool !!!!!! Curis shares closed the day gaining more than 19% to a new 52-week high. CRIS has been on one of the most amazing runs of this most recent bull market. Looking at the daily chart the investor sentiment in Curis stock showed by RSI continues strong and MACD still going up. Stock still trading in a strong Bull Market with share price above 20 dma, 50 dma and 200 daily moving average. Following this technical chart it's predictable that tomorrow CRIS will reach new highs again.


( click to enlarge )

THQI - There are signs of a possible bounce here due to the oversold indicators and some positive divergences, which often leads to short covering. Let’s see whether the stock can gather enough momentum to break through $5.15. If the Bulls are able to push through this level, there will be another rally towards $5.50.

( click to enlarge )

DRYS - Share price has been moving in a range between $7.64 and $5.86 since May. A break above $7.65 on a close basis could set a temporary rally to $8.68. At this stage, the stock can go either way, however the volume is picking up which is a good signal, probably a signal of accumulation. Intermediate trend remains neutral. Stop loss for medium-term investors can be at $5.86.

Other Stocks to watch - ( Pattern is Bullish Engulfing )

GGWPQ - GENERAL GROWTH PROP
OCLR - Bookham Technology plc
ACL - Alcon Inc
CNK - Cinemark Holdings Inc
QSII - Quality Systems, Inc.
CEP - Constellation Energ
FMD - FIRST MARBLEHEAD CP
TAMB - EPIC BANCORP

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all Folks. See you tomorrow !!!
Cheers!

AC

Labels: , ,

Bookmark and Share

22:58 | |

Thursday, November 12, 2009 

Trade Ideas for Friday - Curis, China BAK Battery and DryShips

( click to enlarge )

CRIS is trading in a tight range between $2.10 ( 13 dma ) and $2.21 ( 50 dma ). I think the market is waiting for fresh news to define the trend, however if the stock breaks the 50-day moving average , then that is a bullish sign as higher prices. From a technical point of view, with KD going up the stock is probably ready for a rally. Short term traders can go long if stock breaks the level of $2.21 ( 50 dma ) and thereafter stock can target the level of $2.37.

( click to enlarge )

DRYS is slowly under accumulation based on the Chain Money flow indicator also still showing positive divergences on MACD. The short term stochastic signal is showing some positive sign. It has resistance at $7.07 and then at $7.74. On the downside, it has strong support around $6.44.

( click to enlarge )

CBAK - China BAK Battery Inc. offers a low risk play here with the major support near by. This could provide a great opportunity to get long for a few bucks. CBAK price action has remained under its daily 13-day moving average ( white line) for some time, however, a rising daily MACD momentum has begun a bullish divergence suggestive of a price reversal at these price levels. A break above $2,95 would be bullish. Let's keep an eye on it.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all Folks. See you tomorrow !!!
Cheers!

AC

Labels: , ,

Bookmark and Share

22:20 | |

Friday, October 30, 2009 

Stock Picks to watch next week - Curis, Rambus and Celera Corporation

( click to enlarge )

RMBS - The stock failed to continued it’s bullish scenario yesterday. The bearish channel on daily chart has been violated to the downside. The bias is bearish in nearest term but major bullish scenario can not be said over. The stock is now trapped in rectangle formation ( 15.85 – 17.16 ). A break from the rectangle formation should give us a clearer direction. Technically, ADX is at 21 levels and –DI is above +DI. MACD indicator has also crossed below its signal line, another bearish indication. The only bright spot is that the RSI indicator has not made a new low yet. For trend to reverse, RMBS has to conquer the resistance at 16.09 and 16.76 MA5. The stock is still above its low of $14.33 set in Jul 2009. There should be buying support near the 15.84 level.

( click to enlarge )

CRA - Stochastic made a bullish crossover on Friday and ADX is increasing. This shows that investors are bullish on this stock. The stock is still facing resistance around $6.23. Fresh long should be made only when the stock moves above this resistance level. Support level is at $6.17 and $5.97 respectively.

( click to enlarge )

CRIS looks like it has very good support at $1.90. The stock is pretty close to their all time highs, and whats impressive is that they haven't suffered at all through the current downside market. They had a nice move higher from August through September, and have been consolidating over the past weeks. On the daily chart, MACD is moving down on histo negative as well, this means weakness for the stock in the short term. However, given the fact that the CRIS is still above its up trend support line, Bullish investors are still in safe territory. CCI is in oversold area and heading up on daily chart suggesting a potential upside pressure testing 2.14 and 2.17 resistance area. The recent pullback has been on lower volume just as it should be. Looking for a nice bounce from here with accumulation and relative strength.

Other Stocks to Watch - ( Pattern is Bullish Engulfing )

VECO - Veeco Instruments Inc.
LAB - LaBranche and Co Inc
MDAS - MedAssets Inc
PETS - Petmedexpress.com Inc
TRP - Transcanada Corp
ARRY - Array BioPharma Inc
ARYX - ARYx Therapeutics Inc
GKSR - G&K Services, Inc.
CEVA - ParthusCeva Inc
AZPN - Aspen Technology, Inc.
CASC - CASCADE CORP

Other Stocks to Watch - ( Pattern is Bearish Engulfing )

GE - GENERAL ELECTRIC CO
XRX - XEROX CORP
NWSA - News Corp Ltd pf
STI - SUNTRUST BANKS INC
DUK - DUKE ENERGY CORP
VLO - VALERO ENERGY CORP NEW
GGB - GERDAU USA
BRCM - Broadcom Corporation
CNO - CONSECO INC
MTG - M G I C INVT CORP WIS
SPLS - Staples, Inc.
NUE - NUCOR CORP
AVP - AVON PRODUCTS INC
WYNN - Wynn Resorts LTD
WU - Western Union
BQI - Oilsands Quest
MOS - Mosaic Co
CNX - CONSOL Energy Inc
CY - CYPRESS SEMICONDUCTOR
KWK - Quicksilver Resources
TSO - Tesoro Corp
JBL - JABIL CIRCUIT INC
YGE - Yingli Green Energy
UN - UNILEVER N V
ATLS - Atlas Energy Inc
LDK - LDK Solar Co Ltd
TEL - Tyco Electronics Ltd
SNE - SONY CORP
TTM - TATA MOTORS LTD ADS
VTG - Vantage Drilling
CREE - Cree, Inc.
HSY - Hershey Corp
RPRX - Zonagen, Inc.
CRM - SALESFORCE.COM INC
FLIR - FLIR Systems, Inc.
RRR - RSC Holdings Inc
TDC - Teradata Corp
HOGS - Strong Technical Inc
CLWR - Clearwire Corp A
RNWK - RealNetworks, Inc.
R - Ryder System Inc
COIN - Converted Organics Inc
SOHU - Sohu.com Inc.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all Folks. Have a nice weekend !!!
Cheers!

AC

Labels: , ,

Bookmark and Share

23:22 | |

Contact

About Me

    Photobucket

  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

    • Benzinga.com supporter

    Benzinga.com supporter



    FREE NEWSLETTER

      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal

    Follow me

    Advertising

      Interested in advertising on AC Investor Blog ? Click Here

    PREVIOUS POSTS

    TRANSLATOR

    Site Information

    Stock Market Blogroll

    Friends BLOGROLL

    ARCHIVES

Powered by Blogger
and Blogger Templates


Add to Google