( click to enlarge ) Central European Distribution Corp (NASDAQ:CEDC) closed above its 50-day moving average for the first time in nearly three months. CEDC is seeing some significant volumes. However, when one looks at the Accumulation/Distribution, the story is a bit different. The rally is mostly on the downside for this stock. Given the recent rise in this stock , RSI is on the higher side at close to 60. You can buy with a stop loss of $6.76. The first objective will be a re-test of the August highs at $8.28.
( click to enlarge ) Trina Solar Limited (NYSE:TSL) - Calling the bottom is always difficult, but my opinion is that daily chart is showing some positive momentum divergences. The stock fell hard on Thursday, but managed a bounce in late trading. Because of this, it has formed a hammer-shaped candle on the daily chart. The $6 mark has held, and it looks like we may see buying come into the stock. The breaking of Thursday’s highs would be a buy signal. ( click to enlarge ) Zalicus, Inc.(NASDAQ:ZLCS) - A Hammer candlestick has formed on a key support area. The support is at $.92. We might see a strong bounce here. ( click to enlarge ) Energy Recovery, Inc. (NASDAQ:ERII) looks about ready to pop here ! The stock needs to break today's high of $3.15 to expect a strong rally at this point. 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, September 30
Nobility Homes Inc - NOBH NRG Energy Inc - NRG Searchmedia Holdings Ltd - IDI Senesco Technologies Inc - SNT Sutor Technology Group Ltd - SUTR The Greenbrier Companies Inc - GBX Waccamaw Bankshares Inc - WBNK Zanett Inc - ZANE
Unusual volume in today's trading session
MCLN - General Devices Inc TSTRQ - MOTIENT CORP FMCN - Focus Media Hldg FMCC - FREDDIE MAC CTRP - CTRIP.COM INTL LTD ADS DVA - DaVita Inc BDSI - BioDelivery Sciences GRFS - Grifols SA MRNA - Nastech Pharmaceutical UYMG - Unity Management Group EW - EDWARDS LIFESCIENCE HGIC - Harleysville Group EDU - New Oriental Education CRRFY - CARREFOUR SA MJNA - Medical Marijuana Inc OGZPY - OAO GAZPROM ADR REGS MNGPY - Man Group PLC GRHU - GreenHouse Holdings IFT - IMPERIAL HOLDINGS INC AAGC - All American Gold Corp NGSX - NeurogesX Inc KKPNY - Royal KPN NV HGG - HHGregg Inc SUTNY - Sumitomo Mts Adr ALTI - Altair International HTHT - China Lodging Ads SYMX - Synthesis Energy SILU - Quest Capital YLWPF - Yellow Media Inc DEJ - Dejour Energy KID - RUSS BERRIE & CO INC USMN - U.S. Rare Earth DNZOY - DENSO CORP LTD ADR CWBS - Commonwealth Banksh YNGFF - Yukon-Nevada Gold Corp LPR - Lone Pine Resources LUTHP - LUCENT TECHNOLOGIES TLON - Hana Biosciences CMEY - cMoney Inc JAX - J Alexander Corp LLTP - Lightlake Therapeutics SVNDY - SEVEN & I HOLDINGS C LECBF - Lepanto Consolidate
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