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Monday, April 09, 2012 

Five trade Ideas for Tuesday, April 10

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Hello Folks !! I'm back from my Easter vacations and ready to keep blogging for your reading :D During today's trading session I was scanning some charts and I stumbled upon Las Vegas Sands Corp. (NYSE:LVS), whose stock has shown remarkable strength over the last four months. The stock made a new 52 week high this afternoon and was one of the big winners on Monday, closing up $1.86 on the day. LVS traded heavy volume as it hit a high of $60.85. This high is resistance for Tuesday’s continuation move. The technical chart still showing that the stock is in a bull market rally as MACD is on top of signal line and %K line is on top of %D line. In addition the medium term trend is also bullish as the stock is above 50-day and 200-day moving averages with both moving averages going up. The stock needs to stay above the 20-day MA to keep the short-term outlook positive. 

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Molycorp, Inc.(NYSE:MCP) looks to be setting up for an upside move, as the stock has held up well the past few days. MCP stock is in the top of a short-term trading range. Resistance is $35.6.  At this stage it is definitely a wait and see if the resistance will be easily taken out by the bulls. Stay tuned.

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FormFactor, Inc. (NASDAQ:FORM) - Today, DA Davidson initiated the stock with a "Buy" rating and a price target of $12. Technically the stock is holding up nicely above the key support of $5 in this weak market environment. It has a good base which can be used as a stop loss for long position. On the upper side, the move is likely to accelerate above $5.5. Short-term investors can hold the stock as long as it trades above $5.
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Liquidity Services, Inc. (NASDAQ:LQDT) broke out today and traded nearly 2x normal daily volume. The stock has the potential to make a big run on Tuesday, so keep a close eye on LQDT  and don’t miss the trade.

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Wynn Resorts, Limited (NASDAQ:WYNN) - The daily chart shows a bullish falling wedge on low volume. Watch for a break of 125-126 that could mark the beginning of the next uptrend. We just need the volume to pick up.

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

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22:45 | |

Wednesday, September 28, 2011 

Long Setups for Thursday

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Liquidity Services, Inc. (NASDAQ:LQDT) broke out above $33.32 on really good volume. All moving averages are below turning up for support. I like this for a swing trade !!

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Yahoo! Inc. (NASDAQ:YHOO) has pulled right back to support of the 20 day MA. I think this is a great risk/reward trade here. The stock has been showing signs of accumulation over past couple weeks.

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BioMimetic Therapeutics, Inc.(NASDAQ:BMTI) cheap bio low volume stock. The technical chart above shows very bullish sign as the stock is back on top of 20-day moving average with 20-day MA also on top of 50 day MA recently. In addition, %K line is still above %D line and MACD is back above 0 which show beginning of new bull market rally.

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Smart Balance, Inc. (NASDAQ:SMBL) continues to show strength as the rise in volume confirms the price uptick !

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Shares of Progress Energy, Inc. (NYSE:PGN) made a new 52 week high today closing at $51.52 on heavy volume. The stock hit a high of $52.29, which is now resistance for Thursday’s continuation move. If the stock can break through resistance, we should see another strong upside move. PGN will move very quickly, so watch the stock closely on Thursday.

Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.  

Other stocks to watch :

US Earnings Calendar for Thursday, September 29

AEHR Test Systems - AEHR
Ameritrans Capital Corp - AMTC
AZZ Inc - AZZ
CalAmp Corp - CAMP
China Metro-Rural Holdings Ltd - CNR
China Natural Resources Inc - CHNR
China Precision Steel Inc - CPSL
DemandTec Inc - DMAN
Leading Brands Inc - LBIX
Marshall Edwards Inc - MSHL
Micron Technology Inc - MU
Qiao Xing Mobile Communication Co Ltd - QXM
Qiao Xing Universal Resources Inc - XING
Rosetta Genomics Ltd - ROSG
Swift Transportation Co - SWFT
Tel Instrument Electronics Corp - TIK
USA Technologies Inc - USAT
Worthington Industries Inc - WOR
Xyratex Ltd - XRTX

Unusual volume in today's trading session

BLOAQ - Blockbuster Inc
AVGO - Avago Technologies
ELTP - Elite Pharmaceutical
IFT - IMPERIAL HOLDINGS INC
IOC - Interoil Cp
AWYI - Ariel Way, Inc.
SKZW - SkinzWraps, Inc.
ALZM - Allezoe Medical Holdings
YNDX - Yandex NV
GRFS - Grifols SA
IJJP - IJJ Corporation
CFX - Colfax Corp
COBI - Glass Wave Enterprise
RLD - REALD INC
XUE - XUEDA EDUCATION GROUP
LTHU - Lithium Technology
TAKD - TransAKT Ltd.
MNDP - Mundus Group, Inc.
ALTI - Altair International
NSPH - Nanosphere Inc
RYMM - Centrus Ventures Inc
RBTI - Red Branch Technologies, Inc.
HII - Huntington Ingals
ADPT - Adpt Corp
SNX - SYNNEX CP
ZZ - SEALY CORPORATION
COSI - Cosi Inc
NGLPF - NEVADA GEOTHERMAL PW
YLWPF - Yellow Media Inc
SABA - Saba Software, Inc.
ALQA - Zeta Corp
CWBS - Commonwealth Banksh
RGNA - Ethos Environmental
CLNY - Colony Financial Inc
KKPNY - Royal KPN NV
WLBC - Wstrn Lbrty Bncp
WGBS - WaferGen Bio-system
AERG - U.S. Home & Garden
FHWY - Fitt Highway

New 52-week Low stocks

WAG - WALGREEN CO
ANR - ALPHA NATURAL RESOURCES
HL - HECLA MINING CO
NBR - Nabors Industries Inc
AKS - A K STEEL HOLDING CORP
DNDN - Dendreon Corporation
IOC - Interoil Cp
TSL - Trina Solar Ltd
AVP - AVON PRODUCTS INC
STJ - ST JUDE MEDICAL INC
OVTI - OmniVision Technologies
HUN - HUNTSMAN CORPORATION
CMC - COMMERCIAL METALS CO
SOHU - Sohu.com Inc.
RLD - REALD INC
FBR - Votorantim Adr
CBL - CBL and Associates
HMIN - Home Inns & Hotels
UMPQ - Umpqua Holdings Corporation
DO - DIAMOND OFFSHR DRLL
PRGS - Progress Software C
AMLN - Amylin Pharmaceutical
ACW - Accuride Corp
PNK - PINNACLE ENTERTAINMENT

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.  

As always, good luck !

AC

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22:40 | |

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  • 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.

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