SQNM traded higher on Friday, as the stock received an upgrade in pre-market by Auriga U.S.A from Hold to Buy. The stock closed up $.50 on heavy volume. I'm a buyer of SQNM once it breaks through Friday’s high of $6.50 for the continuation move. The technical daily chart shows the rally is back again as %K line has just crossed on top over %D line and stock is back above 50-day moving average, a positive signal. You need to keep the stock on your screen, because the stock will take off very quickly. Stay tuned !!!
Other stocks to watch :
Stocks that have a Bullish Engulfing pattern at the end of their daily chart
QCOM - QUALCOMM Incorporated
AMR - A M R CORP
UAUA - UAL CORP
ONNN - ON Semiconductor Co
CAL - CONTINENTAL AIRLINES
CIEN - CIENA Corporation
GME - GAMESTOP CP
WDC - WESTERN DIGITAL CORP
CNP - CenterPoint Energy Inc
TQNT - TriQuint Semiconductor
TSO - Tesoro Corp
AKAM - Akamai Technologies
SYK - STRYKER CORP
ATPG - ATP Oil & Gas C
CCE - COCA COLA ENTERPRIS
COCO - Corinthian Colleges
SY - Sybase Inc
APOL - Apollo Group, Inc.
NWL - NEWELL RUBBERMAID INC
CEPH - Cephalon, Inc.
MF - MF Global Hld Ltd
HUN - HUNTSMAN CORPORATION
CRL - CHARLES RIVER LABOR
AON - AON CORP
BCO - Brinks Company
AVT - AVNET INC
ORI - OLD REPUBLIC INTL CORP
CLWR - Clearwire Corp A
SNPS - Synopsys, Inc.
CECO - Career Education Co
RVBD - Riverbed Technology
ARUN - Aruba Networks Inc
ESI - I T T EDUCATIONAL SVCS
NTRS - Northern Trust Corp
PSYS - Psychiatric Solutio
ADCT - ADC Telecommunications
CAKE - Cheesecake Factory
ZINC - Horsehead Hldg Corp
FFIV - F5 Networks, Inc.
KBR - KBR Inc
PWRD - Perfect World Co Ltd
DV - DEVRY INC
EAT - BRINKER INTL INC
PQ - Petroquest Energy Inc
BG - BUNGE LTD
BYD - BOYD GAMING CORP
WNC - WABASH NATIONAL CORP
SAP - Sap Ag
DCP - DYNCORP INTERNATION
CAVM - Cavium Networks Inc
ARRS - Arris Group Inc
AXS - AXIS CAPITAL HLDGS LTD
QGEN - Qiagen N.V.
AMMD - American Medical Sy
VRX - I C N PHARMACEUTICAL
HANS - Hansen Natural Corp
MR - MINDRAY MEDICAL INT
PLCM - Polycom, Inc.
CFN - Carefusion Cp
CNK - Cinemark Holdings Inc
THQI - THQ Inc.
OVTI - OmniVision Technolo
NTES - Netease.com, Inc.
SCS - STEELCASE INC
LPS - Lender Processing S
ASIA - AsiaInfo Holdings
PENN - Penn National Gamin
ELY - CALLAWAY GOLF CO
TKLC - Tekelec
MSCC - Microsemi Corporation
ETP - HERITAGE PROPANE PT
AYR - AIRCASTLE LIMITED
ISLN - Isilon Systems Inc
EW - EDWARDS LIFESCIENCE
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.
Have a nice weekend !!!
AC